VOTING TRUST - 31 Dec 2022 Form 5 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
10%+ Owner
Signature
Julie D. Mathews, by power of atty
Issuer symbol
TDS
Transactions as of
31 Dec 2022
Net transactions value
$0
Form type
5
Filing time
19 Jan 2023, 15:25:49 UTC
Previous filing
18 Jan 2022
Next filing
17 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Deposit into or withdrawal from voting trust $0 -70,698 -1.1% $0.000000 6,204,253 16 Jun 2022 By Voting Trust F1, F2, F3

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 Series A Common Shares 7,091,494 31 Dec 2022 Common Shares 7,091,494 By Voting Trust F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Withdraw of shares by voting trust holder
F2 The trustees of the Voting Trust are Walter C. D. Carlson, LeRoy T. Carlson, Jr., Letitia G. Carlson, and Prudence Carlson. The Voting Trust entered into as of June 30, 1989 expires on June 30, 2035. The Voting Trust was created to facilitate long-standing relationships among the trusts certificate holders. In addition, the trustees of the Voting Trust, from time to time, commit on behalf of certain depositors in the Voting Trust dividends which would otherwise be paid to the Voting trustees and distributed to such depositors to the purchase of shares of the Company's Series A or common stock under the dividend reinvestment plan. The shares so purchased are held for the account of the Voting trustees on behalf of such depositors and are included herein. The filing of this statement shall not be construed as an admission that any voting trustee is for the purpose of Section 16 of the Act, the beneficial owner of any equity securities covered hereby.
F3 Includes 597,943 Common shares acquired pursuant to a dividend reinvestment plan.
F4 Series A Common shares are convertible, on a share-for-share basis, into common shares.
F5 Includes 830,177 Series A Common shares acquired pursuant to a dividend reinvestment plan.