UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Baumbaugh, Cregg B.
12920 SE 38th Street
Bellevue, WA 98006
2. Issuer Name and Ticker or Trading Symbol
VoiceStream Wireless Corporation
VSTR
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
3/31/2001
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Executive Vice President - Finance, Strategy and Development
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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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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Common Stock |3/5/20|M | |36,393 |A |$6.011 | |D | |
|01 | | | | | | | | |
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Common Stock |3/5/20|S | |36,393 |D |$96.0986 |95,940(1) |D | |
|01 | | | | | | | | |
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Common Stock | | | | | | |5,844(2) |I |By Trust |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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Stock Option - Right t|6.011 |3/5/2|M | |36,393 |D |Immed|7/29/|Common Stock|36,393 | |0 |D | |
o Buy | |001 | | | | |. |2005 | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
1. On March 12, 2001, VoiceStream Wireless Corporation declared a stock
dividend, payable to all holders of record of common stock on March 23, 2001,
of .0075 shares of common stock for
each share of common stock outstanding. As a result, the reporting person
received an additional 714 shares of common stock.
2. On March 12, 2001, VoiceStream Wireless Corporation declared a stock
dividend, payable to all holders of record of common stock on March 23, 2001,
of .0075 shares of common stock for
each share of common stock outstanding. As a result, the reporting person
received an additional 44 shares of common stock.
SIGNATURE OF REPORTING PERSON
/s/ Cregg Baumbaugh
DATE
4/9/2001