Leroy T Jr Carlson - Mar 4, 2022 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
President and CEO, Director
Signature
Julie D. Mathews, by power of atty
Stock symbol
TDS
Transactions as of
Mar 4, 2022
Transactions value $
$0
Form type
4
Date filed
3/10/2022, 11:21 AM
Previous filing
Feb 14, 2022
Next filing
May 20, 2022

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 Deferred Compensation Award +13.3K +20.85% 76.9K Mar 4, 2022 Common Shares 13.3K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person deferred a portion of his bonus into TDS stock pursuant to the Long Term Incentive Plan. Reporting person is 100% vested in all bonus amounts and receives an employer match that vests ratably at 33%, 33% and 34% per year over a 3 year period. A total of 71,259 are vested.