X0306 4 2016-02-03 0 0000101830 SPRINT Corp S 0001661352 GRACIA JORGE ENRIQUE 6200 SPRINT PARKWAY OVERLAND PARK KS 66251 0 1 0 0 SVP & General Counsel Common Stock 2016-02-03 4 A 0 312500 0.00 A 312500 D Common Stock 2016-02-03 4 A 0 34312 0.00 A 346812 D Common Stock 2016-02-03 4 A 0 17156 0.00 A 363968 D Common Stock 2016-02-03 4 A 0 116279 0.00 A 480247 D Non-Qualified Stock Option (right to buy) 2.84 2026-02-03 Common Stock 60842 60842 D These restricted stock units are subject to achievement of specified Company common stock prices during the period February 3, 2016 through May 31, 2019 (the "Performance Period) and, if achievement is met, vest 50% on February 3, 2020 and 50% on February 3, 2021. Achievement varies from 0% to 120%, and in order to earn 100%, the volume-weighted average price over any consecutive 150-calendar days during the Performance Period must be at least $8.00. These restricted stock units are issued under Sprint Corporation's 2015 Omnibus Incentive Plan. Each unit represents the right to receive one share of the underlying security at a date in the future. These restricted stock units are subject to performance-based vesting conditions based on the company's actual results compared to financial objectives established under the long-term incentive compensation plan, and vest 100% on May 20, 2018, subject to achievement of the performance-based vesting conditions. These restricted stock units vest 100% on May 20, 2018. These restricted stock units vest 100% on February 3, 2018. Includes 480,247 restricted stock units which are subject to forfeiture until they vest. Stock options vest 33 1/3% on each of May 20, 2016, May 20, 2017 and May 20, 2018. /s/ Timothy P. O'Grady Attorney-in-Fact 2016-02-05