Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Alves Paget Leonard
   2. Issuer Name and Ticker or Trading Symbol
SPRINT Corp [S] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Sales Officer
(Last)
(First)
(Middle)
6200 SPRINT PARKWAY		 3. Date of Earliest Transaction (Month/Day/Year)
08/07/2013
(Street)

OVERLAND PARK, KS 66251		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/07/2013   M   90,716 A $ 2 747,135 D  
Common Stock 08/07/2013   M   81,786 A $ 3.76 828,921 D  
Common Stock 08/07/2013   M   80,269 A $ 4.16 909,190 D  
Common Stock 08/07/2013   M   28,578 A $ 3.09 937,768 D  
Common Stock 08/07/2013   M   92,782 A $ 3.22 1,030,550 D  
Common Stock 08/07/2013   M   64,552 A $ 5.84 1,095,102 D  
Common Stock 08/07/2013   S   529,603 D $ 6.789 (1) 565,499 (2) D  
Common Stock               41 (3) I by 401(k)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 5.84 08/07/2013   M     64,552 03/26/2008 03/26/2018 Common Stock 64,552 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 3.22 08/07/2013   M     92,782 02/25/2009 02/25/2019 Common Stock 92,782 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 3.09 08/07/2013   M     28,578 03/16/2010 03/16/2020 Common Stock 28,578 $ 0 28,580 D  
Non-Qualified Stock Option (right to buy) $ 4.16 08/07/2013   M     80,269 06/17/2010 06/17/2017 Common Stock 80,269 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 3.76 08/07/2013   M     81,786 02/23/2011 02/23/2021 Common Stock 81,786 $ 0 40,894 D  
Non-Qualified Stock Option (right to buy) $ 2 08/07/2013   M     90,716 02/22/2012 02/22/2022 Common Stock 90,716 $ 0 181,432 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Alves Paget Leonard
6200 SPRINT PARKWAY
OVERLAND PARK, KS 66251		       Chief Sales Officer  

Signatures

 /s/ Stefan K. Schnopp Attorney-in-Fact   08/08/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.78 to $6.801, inclusive. The reporting person undertakes to provide to Sprint Corporation, any security holder of Sprint Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
(2) Includes 564,141 restricted stock units which are subject to forfeiture until they vest.
(3) Represents ownership interests in the stock fund of the Issuer under the Sprint Corporation 401(k) plan.

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