Kevin R. Lowell - May 23, 2023 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Role
EVP, Chief People Officer
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, 09:36 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 +6.52K 6.52K May 23, 2023 Common Shares 6.52K 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.