Statement of Changes in Beneficial Ownership (4)

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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * SCHIEBER PAUL W JR	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) Vice President & Controller
(Last)          (First)          (Middle) 6200 SPRINT PARKWAY	3. Date of Earliest Transaction (MM/DD/YYYY) 12/13/2017
(Street) OVERLAND PARK, KS 66251 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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	12/13/2017		M		19440	A	$2.00	204168	D
Common Stock	12/13/2017		M		69119	A	$4.75	273287	D
Common Stock	12/13/2017		M		37383	A	$4.70	310670	D
Common Stock	12/13/2017		M		18099	A	$3.44	328769	D
Common Stock	12/13/2017		S		144041	D	$5.7448   (1)	184728   (2)	D

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		7. Title and Amount of Securities Underlying Derivative Security (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)	$2.00	12/13/2017		M			19440	(3)	2/22/2022	Common Stock	19440	$0.00	0	D
Non-Qualified Stock Option (right to buy)	$4.75	12/13/2017		M			69119	(3)	12/8/2024	Common Stock	69119	$0.00	0	D
Non-Qualified Stock Option (right to buy)	$4.70	12/13/2017		M			37383	(4)	5/20/2025	Common Stock	37383	$0.00	18692	D
Non-Qualified Stock Option (right to buy)	$3.44	12/13/2017		M			18099	(5)	5/13/2026	Common Stock	18099	$0.00	36200	D

Explanation of Responses:
(1)	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.735 to 5.755, 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 purchased at each separate price within the range set forth in footnote (1) to this Form 4.
(2)	Includes 184,498 restricted stock units which are subject to forfeiture until they vest.
(3)	Stock options are fully vested.
(4)	Stock options vest/vested 33 1/3% on each of May 20, 2016, May 20, 2017 and May 20, 2018.
(5)	Stock options vest/vested 33 1/3% on each of May 13, 2017, May 13, 2018 and May 13, 2019.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SCHIEBER PAUL W JR 6200 SPRINT PARKWAY OVERLAND PARK, KS 66251			Vice President & Controller

Signatures
/s/ Stefan K. Schnopp Attorney-in-Fact		12/14/2017
** Signature of Reporting Person		Date

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).
**	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 is insufficient, see Instruction 6 for procedure.
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