Peter L. Sereda - May 19, 2021 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
Senior VP-Finance
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
5/21/2021, 01:58 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 +18K 18K May 19, 2021 Common Shares 18K $25.36 Direct F1
transaction TDS Restricted Stock Units Award +20.1K 20.1K May 19, 2021 Common Shares 20.1K 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 award pursuant to the 2020 Long Term Incentive Plan. Restricted Stock units will vest on May 19, 2024.