Edgar Filing: RADIOSHACK CORP

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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3235-0287

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Johnson David

2. Issuer Name and Ticker or Trading Symbol
RADIOSHACK CORP [RSH]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)
SVP

(Last)

(First)

(Middle)

MS CF3-203, 300 RADIOSHACK CIRCLE

3. Date of Earliest Transaction (Month/Day/Year)
05/30/2007

(Street)

FT. WORTH, TX 76102

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/30/2007		M		50	A	$ 28.55	50	I	By Spouse
Common Stock	05/30/2007		S		50	D	$ 33.76	0	I	By Spouse
Common Stock	05/31/2007		M		80,000	A	$ 28.55	83,000	D
Common Stock	05/31/2007		S		62,300	D	$ 34.55	20,700	D
Common Stock	05/31/2007		S		900	D	$ 34.57	19,800	D
Common Stock	05/31/2007		S		7,100	D	$ 34.58	12,700	D
Common Stock	05/31/2007		S		900	D	$ 34.59	11,800	D
Common Stock	05/31/2007		S		300	D	$ 34.6	11,500	D
Common Stock	05/31/2007		S		1,600	D	$ 34.61	9,900	D
Common Stock	05/31/2007		S		800	D	$ 34.62	9,100	D
Common Stock	05/31/2007		S		1,800	D	$ 34.63	7,300	D
Common Stock	05/31/2007		S		1,600	D	$ 34.64	5,700	D
Common Stock	05/31/2007		S		2,000	D	$ 34.65	3,700	D
Common Stock	05/31/2007		S		700	D	$ 34.66	3,000	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Option Right-to-Buy 12-2001 ⁽¹⁾ ⁽²⁾

$ 28.55

05/30/2007

12/12/2004

12/12/2008

Common Stock

$ 0

By Spouse

Option Right-to-Buy 12-2001 ⁽³⁾

$ 28.55

05/31/2007

80,000

12/12/2004

12/12/2008

Common Stock

80,000

$ 0

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Johnson David MS CF3-203, 300 RADIOSHACK CIRCLE FT. WORTH, TX 76102			SVP

Signatures

Steve Milton, by Power of Attorney for David Johnson		05/31/2007
^**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)	Options granted to and held by spouse. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(2)	Exercise of a stock option granted to spouse under the exempt RadioShack Corporation 2001 Incentive Stock Plan, SEC Reg. No. 333-74894. Under the terms of the option agreement, options vest as to one-third on each of the first three anniversary dates of the date of grant.
(3)	Exercise of a stock option granted under the exempt RadioShack Corporation 1999 Incentive Stock Plan, SEC Reg. No. 333-74894. Under the terms of the option agreements, options vest as to one-third on each of the first three anniversary dates of the date of grant.

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