James W. Butman - May 19, 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
Stock symbol
TDS
Transactions as of
May 19, 2021
Transactions value $
$0
Form type
4
Date filed
5/20/2021, 03:35 PM
Next filing
May 25, 2021

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 May 19, 2021 Common Shares 26.5K $25.36 Direct F1
transaction TDS Restricted Stock Units Award +33K 33K May 19, 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.