James W. Butman - 19 May 2021 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
President & CEO of subsidiary, Director
Signature
Julie D. Mathews, by power of atty
Issuer symbol
TDS
Transactions as of
19 May 2021
Transactions value $
$0
Form type
4
Filing time
20 May 2021, 15:35:16 UTC
Next filing
25 May 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TDS Option (Right to Buy) Award +26.5K 26.5K 19 May 2021 Common Shares 26.5K $25.36 Direct F1
transaction TDS Restricted Stock Units Award +33K 33K 19 May 2021 Common Shares 33K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted under the 2020 Long-Term Incentive Plan. Options become exercisable on May 19, 2024.
F2 Restricted stock units awarded pursuant to the 2020 Long-Term Incentive Plan. Restricted Stock units will become vested on May 19, 2024.