U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[_] Check this box if no longer subject of Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
France Telecom S.A.
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(Last) (First) (Middle)
6 Place D'Alleray
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(Street)
Paris France 75505 Cedex 15
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Sprint Corporation (FON)
Sprint Corporation (PCS)
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3. IRS or Social Security Number of Reporting Person, if an Entity (Voluntary)
N/A
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4. Statement for Month/Year
12/99
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [x] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[x] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly
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FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially
Owned (e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
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10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
FON Common FON
Stock- 1 for 1 12/28/99 p* 244,541 (A) N/A N/A Common 244,541 $45.418 87,254,875 ** D N/A
Series 3 Stock-
Series 1
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PCS Common PCS
Stock- 1 for 1 12/28/99 p* 197,854 (A) N/A N/A Common 197,854 $67.467 28,000,016 ** D N/A
Series 3 Stock-
Series 1
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Explanation of Responses:
* These transactions represent shares of PCS Common Stock-Series 3 and shares
of FON Common Stock-Series 3 of Sprint Corporation ("Sprint") purchased by
France Telecom S.A. ("FT") from Sprint pursuant to the equity purchase rights
contained in the Amended and Restated Stockholders' Agreement, dated as of
November 23, 1998, among FT, Deutsche Telekom AG ("DT") and Sprint.
** FT and DT may be deemed members of a group. FT holds 43,118,018 shares of
Class A Common Stock, 44,136,857 shares of FON Common Stock-Series 3 and
6,441,007 shares of PCS Common Stock-Series 3 of Sprint, and DT holds through
its subsidiary 43,118,018 shares of Class A Common Stock, 44,464,179 shares of
FON Common Stock-Series 3 and 7,127,161 shares of PCS Common Stock-Series 3 of
Sprint. FT disclaims beneficial ownership of shares held by DT for reporting
purposes on this Form 4. Each share of Class A Common Stock of Sprint can be
converted into one share of FON Common Stock-Series 3 (or, in certain
circumstances, FON Common Stock-Series 1) and one-half share of PCS Common
Stock-Series 3 (or, in certain circumstances, PCS Common Stock-Series 1) of
Sprint. Each share of FON Common Stock-Series 3 and PCS Common Stock-Series 3 of
Sprint can be converted in certain circumstances into one share of FON Common
Stock-Series 1 and PCS Common Stock-Series 1, respectively, of Sprint.
FRANCE TELECOM S.A.
By: /s/ Thierry Girard 1/10/2000
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Name: Thierry Girard Date
Title: Senior Vice-President
**Signature of Reporting Person
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
