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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Ripperton John G
  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)
Sr.VP-Supply Chain Mgmt.
(Last)
(First)
(Middle)
MS CF3-203, 300 RADIOSHACK CIRCLE
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2012
(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)
Code V Amount (A) or (D) Price
Common Stock-401(k) (1)               334.966 I By RadioShack 401(k)
Common Stock (2) 02/23/2012   A   13,981 A $ 0 42,868 D  
Common Stock (4) 02/23/2012   F   4,071 D $ 7.235 38,797 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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option Right-to-Buy 02-23-2012 (3) $ 7.235 02/23/2012   A   20,427   02/23/2015 02/23/2019 Common Stock 20,427 $ 0 20,427 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Ripperton John G
MS CF3-203, 300 RADIOSHACK CIRCLE
FT. WORTH, TX 76102
      Sr.VP-Supply Chain Mgmt.  

Signatures

 Jeffrey J. Walker, by Power of Attorney for John G. Ripperton   02/27/2012
**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 amount of shares of common stock held by the reporting person under the RadioShack 401(k) Plan as of the date of this report.
(2) Restricted stock granted under the terms of the First Amended and Restated RadioShack Corporation 2009 Incentive Stock Plan, SEC Reg. No. 333-159483. Under the terms of the restricted stock grant, the restricted stock vests as to one-third on each of the first three anniversary dates of the date of grant.
(3) Option granted under the First Amended and Restated RadioShack Corporation 2009 Incentive Stock Plan, SEC Reg. No. 333-159483. 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. The exercise date is the last date when all options granted are vested.
(4) Restricted stock granted under the First Amended and Restated RadioShack 2009 Incentive Stock Plan (SEC Reg. No 333-159483) are subject to vesting when the grantee retires after reaching age 55. The issuer withheld these shares of restricted stock to satisfy withholding tax obligations because these shares of restricted stock were not subject to a substantial risk of forfeiture when granted.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.