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

Signature
Julie D. Mathews, by power of atty
Issuer symbol
TDS
Transactions as of
19 May 2021
Net transactions value
$0
Form type
4
Filing time
21 May 2021, 13:58:51 UTC
Next filing
25 May 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 +17,985 17,985 19 May 2021 Common Shares 17,985 $25.36 Direct F1
transaction TDS Restricted Stock Units Award +20,106 20,106 19 May 2021 Common Shares 20,106 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.