Laurent C. Therivel - Mar 10, 2022 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Role: President and CEO, Director
Signature: Julie D Mathews, by power of atty
Stock symbol: USM
Transactions as of: Mar 10, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/11/2022, 08:33 AM
Next filing: Apr 5, 2022
SEC: View on sec.gov

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	USM	Deferred Compensation	Award		+13.2K	+257.37%		18.3K	Mar 10, 2022	Deferred Compensation	13.2K		Direct	F1, F2

Showing 1 to 1 of 1 entries

* 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 UScellular 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 33%, 33% and 34% per year over a three year period. A total of 14,303 Common Shares are vested.
F2	The reporting person's Form 4 related to the deferral of his 2020 bonus filed on March 5, 2021 was inadvertently overstated by 659 units.