Carlson Leroy T. Jr. - 31 Dec 2021 Form 5 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
President and CEO, Director
Signature
Julie D. Mathews, by power of atty
Issuer symbol
TDS
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
5
Filing time
18 Jan 2022, 09:37:33 UTC
Previous filing
25 May 2021
Next filing
06 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Shares Gift $0 -16,000 -22% $0.000000 57,351 22 May 2021 Direct F1
transaction TDS Common Shares Gift $0 -2,000 -3.5% $0.000000 55,351 29 May 2021 Direct F1
transaction TDS Common Shares Gift $0 -5,005 -9% $0.000000 50,346 09 Sep 2021 Direct F1
transaction TDS Common Shares Gift $0 -853 -1.7% $0.000000 49,493 03 Dec 2021 Direct F1
transaction TDS Common Shares Gift $0 -1,474 -2.9% $0.000000 49,894 30 Dec 2021 Direct F2
holding TDS Common Shares 211,758 31 Dec 2021 By trust F3
holding TDS Common 78,943 31 Dec 2021 By Trust F3
holding TDS Common Shares 518 31 Dec 2021 By wife
holding TDS Common Shares 22,279 31 Dec 2021 By 401K F4
holding TDS Common Shares 1,880,554 31 Dec 2021 By Voting Trust F5, F6

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
holding TDS Option (Right to Buy) 309,200 31 Dec 2021 Common Shares 309,200 $20.79 Direct F7
holding TDS Option (Right to Buy) 186,000 31 Dec 2021 Common Shares 186,000 $22.60 Direct F7
holding TDS Option (Right to Buy) 225,000 31 Dec 2021 Common Shares 225,000 $26.83 Direct F7
holding TDS Option (Right to Buy) 236,100 31 Dec 2021 Common Shares 236,100 $29.26 Direct F7
holding TDS Option (Right to Buy) 53,800 31 Dec 2021 Common Shares 53,800 $29.45 Direct F7
holding TDS Option (Right to Buy) 39,700 31 Dec 2021 Common Shares 39,700 $27.79 Direct F7
holding TDS Option (Right to Buy) 18,320 31 Dec 2021 Common Shares 18,320 $25.70 Direct F7
holding TDS Option (Rigft to Buy) 33,624 31 Dec 2021 Common Shares 33,624 $30.72 Direct F7
holding TDS Option (Right to Buy) 77,100 31 Dec 2021 Common Shares 77,100 $19.15 Direct F7
holding TDS Option (Rigft to Buy) 104,390 31 Dec 2021 Common 104,390 $25.36 Direct F7
holding TDS Restricted Stock Units 60,630 31 Dec 2021 Common Shares 60,630 Direct F8
holding TDS Restricted Stock Units 82,507 31 Dec 2021 Common 82,507 Direct F8
holding TDS Restricted Stock Units 136,827 31 Dec 2021 Common 136,827 Direct F8
holding TDS Series A Common Shares 2,049,580 31 Dec 2021 Common Shares 2,049,580 By Voting Trust F9, F10
holding TDS Deferred Compensation 73,339 31 Dec 2021 Common Shares 73,339 Direct F11
holding TDS Series A Common Shares 11,142 31 Dec 2021 Common Shares 11,142 By Trust F3, F9
holding TDS Series A Common Shares 11,424 31 Dec 2021 Common Shares 11,424 By Trust F3, F9
holding TDS Series A Common Shares 297 31 Dec 2021 Common Shares 297 By Wife F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3768 Common Shares owned by children. Reporting person disclaims beneficial ownership of shares owned by children.
F2 Includes 5242 Common Shares owned by children. Reporting person disclaims beneficial ownership of shares owned by children.
F3 Voluntary report of shares held in trust, the trustee of which is a third party and beneficiaries include the spouse and descendants
F4 Voluntary reporting of shares in TDS 401K. The information is based on a plan statement dated 12/31/21. The number of shares fluctuates and is attributable to the price of the shares on 12/31/21.
F5 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.
F6 On August 12, 201 the reporting person's spouse's GRAT transferred voting trust certificates representing 77,716 to the spouse individually. The reporting person previously reported all securities held by spouse and spouse's GRAT. Accordingly the transfer did not result in the change in the number of securities reported as beneficially owned by reporting person.
F7 Granted under the 2011 Long Term Incentive Plan. Options vest over a 3 year period with one-third becoming exercisable on the first anniversary, one-third on the second anniversary and one-third becoming exercisable on the third anniversary.
F8 Restricted stock unit award pursuant to the 2011 Long Term Incentive Plan. Stock units will become vested on third anniversary.
F9 Series A Common shares are convertible, on a share-for-share basis, into common shares.
F10 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 752,615 Series A Common Shares held by a family partnership of which reporting person is a general partner.
F11 Reporting person deferred bonuses pursuant to the TDS Long Term Incentive Plans. Employer matches vest ratably at a rate of 33%, 33%, 34% over three years. A total of 70,384 common shares units were vested at 12/31/21.