Laurent C. Therivel - Apr 3, 2024 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
Apr 3, 2024
Transactions value $
-$623,465
Form type
4
Date filed
4/5/2024, 04:20 PM
Previous filing
Mar 12, 2024
Next filing
Apr 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USM Common Shares Options Exercise +38.2K +1023.04% 41.9K Apr 3, 2024 Direct F1
transaction USM Common Shares Tax liability -$623K -16.9K -40.36% $36.85 25K Apr 3, 2024 Direct F2

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 Restricted Stock Units Options Exercise $0 -38.2K -100% $0.00* 0 Apr 3, 2024 Common Shares 38.2K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 3, 2023, reporting person was granted Restricted Stock Units (RSUs) under the United States Cellular Corporation Long-Term Incentive Plan. RSUs vest one-third each year on the first, second and third anniversaries of the grant date. This transaction represents settlement of the first vesting.
F2 Shares withheld to pay for taxes