Douglas W. Chambers - May 23, 2023 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Role
EVP-CFO & Treasurer
Signature
Julie D. Mathews, by power of atty
Stock symbol
USM
Transactions as of
May 23, 2023
Transactions value $
$0
Form type
4
Date filed
5/25/2023, 09:32 AM
Previous filing
Apr 7, 2023
Next filing
Nov 29, 2023

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 Performance Shares Units Award +12.3K 12.3K May 23, 2023 Common Shares 12.3K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 23, 2023, the Long-Term Incentive Compensation Committee took action to express its intent to exercise its discretion upon vesting of the 2021 performance share unit award in 2024, to provide for a payout at no less than 75% of the target opportunity of such award.