Vicki L. Villacrez - 06 May 2025 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
Executive Vice President & CFO, Director
Signature
Julie D. Mathews, by power of atty
Issuer symbol
TDS
Transactions as of
06 May 2025
Net transactions value
-$25,569
Form type
4
Filing time
08 May 2025, 17:06:08 UTC
Previous filing
13 Mar 2025
Next filing
20 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Villacrez Vicki L Executive Vice President & CFO, Director 30 N. LASALLE STREET, SUITE 4000, CHICAGO Julie D. Mathews, by power of atty 08 May 2025 0001926297

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Shares Options Exercise $333,652 +11,403 +18% $29.26 74,021 06 May 2025 Direct
transaction TDS Common Shares Tax liability $359,221 -10,556 -14% $34.03 63,465 06 May 2025 Direct F1

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 Option (Right to Buy) Options Exercise -11,403 -100% 0 06 May 2025 Common Shares 11,403 $29.26 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to pay for strike price (9,804 Common Shares) and taxes (752 Common Shares).
F2 Granted on May 11, 2015, under the 2011 Long-Term Incentive Plan. Stock options vested on the third annual anniversary of the grant date.