X0202 4 2005-11-22 0 0001037016 NII HOLDINGS INC NIHD 0001212771 RIVERA MIGUEL A 10700 PARKRIDGE BLVD. SUITE 600 RESTON VA 20191 0 1 0 0 President, Nextel Peru Common Stock 2005-11-22 4 M 0 36000 0.4166 A 46000 D Common Stock 2005-11-22 4 S 0 36000 44.10 D 10000 D Common Stock 2005-11-22 4 M 0 10774 18.97 A 20774 D Common Stock 2005-11-22 4 S 0 10774 44.10 D 10000 D Common Stock 2005-11-22 4 M 0 6626 18.97 A 16626 D Common Stock 2005-11-22 4 S 0 6626 44.11 D 10000 D Common Stock 2005-11-22 4 M 0 5000 18.97 A 15000 D Common Stock 2005-11-22 4 S 0 5000 44.16 D 10000 D Common Stock 2005-11-22 4 M 0 100 18.97 A 10100 D Common Stock 2005-11-22 4 S 0 100 44.18 D 10000 D Employee Stock Option (right to buy) 0.4166 2005-11-22 4 M 0 36000 0.00 D 2005-11-12 2012-11-12 Common Stock 36000 0 D Employee Stock Option 18.97 2005-11-22 4 M 0 22500 0.00 D 2005-04-28 2014-04-28 Common Stock 22500 67500 D The option vests in four installments: 30% on November 12, 2002; 30% on November 12, 2003; 30% on November 12, 2004; and 10% on November 12, 2005. Option vests in four installments: 25% on April 28, 2005; 25% on April 28, 2006; 25% on April 28, 2007; and 25% on April 28, 2008. NII Holdings, Inc. paid a 2 to 1 stock split on November 21, 2005. Robert J. Gilker Attorney-in-Fact 2005-11-22