UNITED STATES 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 to 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*
O'Toole, Terence M.
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(Last) (First) (Middle)
c/o Goldman, Sachs & Co.
85 Broad Street
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(Street)
New York, NY 10004
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
VoiceStream Wireless Corporation
(VSTR)
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
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4. Statement for Month/Year
April/2001
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ X ] Director [ ] 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. |
|2. | Transaction| (Instr. 3, 4 and 5) |Beneficially |Direct |Nature of |
|Transaction | Code | -------------------------------|Owned at End |(D) or |Indirect |
1. |Date | (Instr. 8) | | (A) | |of Month |Indirect |Beneficial|
Title of Security |(Month/Day/ | -----------| Amount | or | Price |(Instr. 3 |(I) |Ownership |
(Instr. 3) |Year) | Code | V | | (D) | |and 4) |(Instr.4)|(Instr. 4)|
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| | | | | | | | | |
Common Stock | 4/9/01 | S | | 3,525 | D | $95.20 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 15,000 | D | $101.35 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 15,000 | D | $101.37 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 5,750 | D | $101.51 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 2,500 | D | $101.62 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 2,500 | D | $101.40 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 5,000 | D | $101.44 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 10,000 | D | $101.10 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 20,000 | D | $101.20 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 2,500 | D | $101.45 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 7,500 | D | $101.50 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/10/01 | S | | 15,000 | D | $101.00 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/11/01 | S | | 20,000 | D | $100.78 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/11/01 | S | | 10,000 | D | $100.60 | | | 01,02 |
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Common Stock | 4/11/01 | S | | 5,000 | D | $100.45 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 4/11/01 | S | | 5,750 | D | $100.15 | | I | 01,02 |
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Common Stock | 4/11/01 | S | | 10,000 | D | $99.66 | | I | 01,02 |
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Common Stock | 4/11/01 | S | | 7,500 | D | $99.68 | | I | 01,02 |
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Common Stock | 4/11/01 | S | | 5,000 | D | $99.30 | | I | 01,02 |
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Common Stock | 4/11/01 | S | | 5,000 | D | $99.35 | | I | 01,02 |
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Common Stock | 4/11/01 | S | | 5,000 | D | $99.40 | | I | 01,02 |
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Common Stock | 4/11/01 | S | | 10,000 | D | $99.65 | | I | 01,02 |
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Common Stock | 4/11/01 | S | | 5,000 | D | $99.88 | | I | 01,02 |
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Common Stock | 4/11/01 | S | | 5,000 | D | $100.00 | | I | 01,02 |
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Common Stock | 4/11/01 | S | | 7,500 | D | $99.70 | | I | 01,02 |
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Common Stock | 4/12/01 | S | | 15,000 | D | $99.26 | | I | 01,02 |
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Common Stock | 4/12/01 | S | | 10,000 | D | $99.34 | | I | 01,02 |
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Common Stock | 4/12/01 | S | | 5,750 | D | $99.50 | | I | 01,02 |
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Common Stock | 4/12/01 | S | | 10,000 | D | $99.43 | | I | 01,02 |
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Common Stock | 4/12/01 | S | | 2,500 | D | $99.75 | | I | 01,02 |
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Common Stock | 4/12/01 | S | | 37,500 | D | $99.26 | | I | 01,02 |
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Common Stock | 4/12/01 | S | | 20,000 | D | $99.28 | | I | 01,02 |
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Common Stock | 4/16/01 | S | | 5,750 | D | $100.28 | | I | 01,02 |
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Common Stock | 4/16/01 | S | | 10,000 | D | $100.30 | | I | 01,02 |
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Common Stock | 4/16/01 | S | | 10,000 | D | $100.50 | | I | 01,02 |
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Common Stock | 4/16/01 | S | | 10,000 | D | $100.70 | | I | 01,02 |
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Common Stock | 4/16/01 | S | | 15,000 | D | $100.80 | | I | 01,02 |
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Common Stock | 4/16/01 | S | | 5,000 | D | $99.40 | | I | 01,02 |
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Common Stock | 4/16/01 | S | | 7,500 | D | $99.37 | | I | 01,02 |
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Common Stock | 4/16/01 | S | | 29,500 | D | $99.26 | | I | 01,02 |
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Common Stock | 4/18/01 | S | | 50,000 | D | $99.78 | | I | 01,02 |
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Common Stock | 4/18/01 | S | | 25,000 | D | $100.75 | | I | 01,02 |
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Common Stock | 4/18/01 | S | | 25,750 | D | $101.50 | | I | 01,02 |
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Common Stock | 4/19/01 | S | | 8,000 | D | $102.21 | | I | 01,02 |
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Common Stock | 4/25/01 | C | | 185 | A | 04 | 8,370,294 | I | 01,02 |
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Common Stock | | | | | | | 767 | I | 01,03 |
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction
4(b)(v).
FORM 4 (continued)
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Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned |
(e.g., puts, calls, warrants, options, convertible securities) |
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| | | | | | | |9. |10. | |
| | | | | | | |Number |Owner-| |
| | | | | | | |of |ship | |
|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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Omnipoint Corp.| | | | | | | | | | | | | | |
7% Cumulative | | | | | | | | | | | | | | |
Convertible | | | | | | | | | | | | | | |
Preferred Stock| 04 |4/25/01| C | | | 140 | Immed.|N/A |Common Stock | 186 | | -0- | I |01,02 |
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Stock Option | | | | | | | | | | | | | | |
(right to buy) |$111.85 | | | | | | 05 |1/14/10 |Common Stock | 1,008 | | 1,008 |01,05 |01,05 |
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Stock Option | | | | | | | | | | | | | | |
(right to buy) | $11.24 | | | | | | 06 |12/31/09|Common Stock | 946 | | 946 |01,06 |01,06 |
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Stock Option | | | | | | | | | | | | | | |
(right to buy) | $9.18 | | | | | | Immed.|1/1/08 |Common Stock | 252 | | 252 |01,07 |01,07 |
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Stock Option | | | | | | | | | | | | | | |
(right to buy) | $9.18 | | | | | | 08 |1/1/08 |Common Stock | 709 | | 709 |01,08 |01,08 |
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Explanation of Responses:
01: The Reporting Person is a managing director of Goldman, Sachs & Co.
("Goldman Sachs"). Goldman Sachs is an indirect wholly-owned subsidiary of The
Goldman Sachs Group, Inc. ("GS Group"). The Reporting Person disclaims
beneficial ownership of the securities reported herein except to the extent of
his pecuniary interest therein, if any.
02: The securities reported herein as indirectly sold were sold and were
beneficially owned directly by GS Group and the Limited Partnerships (as defined
below). GS Group sold, in aggregate, 3,562 shares of Common Stock. The Limited
Partnerships sold in aggregate, 503,713 shares of Common Stock. These sales were
made pursuant to a sales plan under Rule 10b5-1 of the Securities Exchange Act
of 1934.
Goldman Sachs converted 140 shares of Omnipoint Corp. 7% Cumulative Convertible
Preferred Stock ("Omnipoint Convertible Stock") into 185 shares of VoiceStream
Wireless Corporation Common Stock and $1,862.49 in cash ($62.09 of which was
received in payment for fractional shares).
Goldman Sachs owns beneficially and directly and GS Group may be deemed to own
beneficially and indirectly 8,995 shares of Common Stock. GS Group owns
beneficially and directly 58,752 shares of Common Stock. Goldman Sachs and GS
Group may be deemed to own beneficially and indirectly in the aggregate
8,302,547 shares of Common Stock through certain investment partnerships (the
"Limited Partnerships") of which affiliates of Goldman Sachs and GS Group are
the general partner or managing general partner. Goldman Sachs is the investment
manager of one of the Limited Partnerships.
03: The securities reported herein may be deemed to be beneficially owned
directly by The Hull Group, L.L.C. ("Hull"). Hull is a wholly-owned subsidiary
of GS Group.
04: Each share of Omnipoint Convertible Stock converts into 1.3257 shares of
VoiceStream Wireless Corporation Common Stock and $12.86 in cash, at any time,
at the option of the holder.
05: These options were granted pursuant to the VoiceStream Wireless Corporation
2000 Management Incentive Stock Option Plan to the Reporting Person. The
Reporting Person has an understanding with GS Group pursuant to which he holds
the stock options for the benefit of GS Group. The options are exercisable in
four equal annual installments, beginning January 14, 2001.
06: These options were granted pursuant to the VoiceStream Wireless Corporation
2000 Management Incentive Stock Option Plan to the Reporting Person. The
Reporting Person has an understanding with GS Group pursuant to which he holds
the stock options for the benefit of GS Group. The options are exercisable in
four equal annual installments, beginning January 1, 2000.
07: These options were granted pursuant to the VoiceStream Wireless Corporation
2000 Management Incentive Stock Option Plan to the Reporting Person. The
Reporting Person has an understanding with GS Group pursuant to which he holds
the stock options for the benefit of GS Group.
08: These options were granted pursuant to the VoiceStream Wireless Corporation
2000 Management Incentive Stock Option Plan to the Reporting Person. The
Reporting Person has an understanding with GS Group pursuant to which he holds
the stock options for the benefit of GS Group. These options vest in 3 equal
annual installments, beginning January 1, 2000.
By: s/ Roger S. Begelman May 10, 2001
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**Signature of Reporting Person Date
Attorney-in-fact
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedures.
Alternatively, this Form is permitted to be submitted to the
Commission in electronic format at the option of the reporting person
pursuant to Rule 101(b)(4) of Regulation S-T.