LEROY T JR CARLSON - 08 Mar 2024 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
President and CEO, Director
Signature
Julie D. Mathews, by power of atty
Issuer symbol
TDS
Transactions as of
08 Mar 2024
Transactions value $
$0
Form type
4
Filing time
11 Mar 2024, 18:17:22 UTC
Previous filing
21 Feb 2024
Next filing
21 May 2024
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 TDS Deferred Compensation Award +12.5K +23.48% 65.6K 08 Mar 2024 Common Shares 12.5K 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 62,166 are vested.