Letitia G. C. Carlson - 31 Dec 2021 Form 5 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
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
20 Jan 2022, 15:22:31 UTC
Next filing
02 Mar 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 -484,410 -21% $0.000000 1,844,952 09 Aug 2021 By Voting Trust F1, F2
holding TDS Common Shares 48,308 31 Dec 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 -242,205 -11% $0.000000 2,015,524 09 Aug 2021 Common Shares 242,205 By Voting Trust F1, F3, F4
transaction TDS Series A Common Shares Gift $0 -4,428 -0.22% $0.000000 2,015,524 29 Dec 2021 Common Shares 4,428 By Voting Trust F3, F5
holding TDS Series A Common Shares 1,166 31 Dec 2021 Common Shares 1,166 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person gifted shares to a trust that her spouse is trustee and her children are the beneficiaries.
F2 Reporting person is one of four trustees of a voting trust which is record owner of these Common shares and which files its holdings on a form 4. The shares reported are held by respective reporting person and her 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 of a voting trust which is record owner of these Series A Common shares and which files its holdings on a form 4. The shares reported are held by respective reporting person and her 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.
F5 Gift to children.