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
February/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 | | | | | | | 9,807,774 | I | 01,02 |
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| | | | | | | | | |
Common Stock | | | | | | | 762 | 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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Put Option | | | | | | | | | | | | | | |
(right to sell)|$100.00 |2/16/01| P | | 5 | | Immed.|5/19/01 |Common Stock | 500 | $1,475 | | I |01,04 |
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Put Option | | | | | | | | | | | | | | |
(right to sell)|$100.00 |2/16/01| S | | | 5 | Immed.|5/19/01 |Common Stock | 500 | $1,450 | -0- | I |01,04 |
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Omnipoint Corp.| | | | | | | | | | | | | | |
7% Cumulative | | | | | | | | | | | | | | |
Convertible | | | | | | | | | | | | | | |
Preferred Stock| 05 | | | | | | Immed.|N/A |Common Stock | 186 | | 140 | I |01,06 |
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Stock Option | | | | | | | | | | | | | | |
(right to buy) |$112.6875| | | | | | 07 |1/14/10 |Common Stock | 1,000 | | 1,000 |01,07 |01,07 |
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Stock Option | | | | | | | | | | | | | | |
(right to buy) | $11.32 | | | | | | 08 |12/31/09|Common Stock | 939 | | 939 |01,08 |01,08 |
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Stock Option | | | | | | | | | | | | | | |
(right to buy) | $9.25 | | | | | | Immed.|1/1/08 |Common Stock | 250 | | 250 |01,09 |01,09 |
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Stock Option | | | | | | | | | | | | | | |
(right to buy) | $9.25 | | | | | | 10 |1/1/08 |Common Stock | 704 | | 704 |01,10 |01,10 |
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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: Goldman Sachs may be deemed to own beneficially and directly and GS Group
may be deemed to own beneficially and indirectly 8,745 shares of Common Stock.
GS Group may be deemed to own beneficially and directly 68,821 shares of Common
Stock. Goldman Sachs and GS Group may be deemed to own beneficially and
indirectly in the aggregate 9,730,208 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: The securities reported herein as indirectly purchased and sold were
purchased and sold and may be deemed to have been beneficially owned directly by
Goldman Sachs or an affiliate of GS Group. Without admitting any legal
obligation, Goldman Sachs will remit appropriate profits, if any, to the
Company.
05: Each share of Omnipoint Corp. 7% Cumulative Convertible Preferred Stock
("Omnipoint Convertible Stock") converts into 1.3257 shares of VoiceStream
Wireless Corporation Common Stock and $12.8552 in cash, at any time, at the
option of the holder.
06: Goldman Sachs may be deemed to own beneficially and directly and GS Group
may be deemed to own beneficially and indirectly 140 shares of Omnipoint
Convertible Stock.
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. The options are exercisable in
four equal annual installments, beginning January 14, 2001.
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. The options are exercisable in
four equal annual installments, beginning January 1, 2000.
09: 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.
10: 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 March 12, 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.