Walter Cd Carlson - Dec 31, 2021 Form 5 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
Director
Signature
Julie D. Mathews, by power of atty
Stock symbol
TDS
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
1/14/2022, 10:06 AM
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Shares Gift $0 -772K -28% $0.00 1.99M Dec 9, 2021 By Voting Trust F1, F2
holding TDS Common Shares 67.9K Dec 31, 2021 Direct

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 Series A Common Shares Gift $0 -281K -10.85% $0.00 2.31M Dec 9, 2021 Common Shares 281K By Voting Trust F1, F3, F4
holding TDS Series A Common Shares 1.31K Dec 31, 2021 Common Shares 1.31K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person individually gifted to family limited partnership. Reporting person previously reported all shares held by family partnership. Accordingly the gift did not result in a change in the number of securities reported as beneficially owned by reporting person.
F2 Reporting person is one of four trustees which is record owner of these shares which files its holdings on Forms 4. The shares reported are held by respective reporting person and his family members that have a pecuniary interest in such securities. Includes 690,604 Common Shares held by a family partnership of which reporting person is a general partner.
F3 Series A Common shares are convertible, on a share-for-share basis, into common shares.
F4 Reporting person is one of four trustees which is record owner of these shares which files its holdings on Forms 4. The shares reported are held by respective reporting person and his family members which have a pecuniary interest in such securities. Includes 752,615 Series A Common Shares held by a family partnership of which reporting person is a general partner.