MICHAEL IRIZARRY - 06 Apr 2023 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Role
EVP-CTO
Signature
Julie D. Mathews, by power of atty
Issuer symbol
USM
Transactions as of
06 Apr 2023
Net transactions value
-$512,332
Form type
4
Filing time
07 Apr 2023, 11:58:31 UTC
Previous filing
04 Apr 2023
Next filing
11 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USM Common Shares Options Exercise +29,226 29,226 06 Apr 2023 Direct F1
transaction USM Common Shares Options Exercise +31,503 +108% 60,729 06 Apr 2023 Direct F2
transaction USM Common Shares Tax liability $512,332 -23,078 -38% $22.20 37,651 06 Apr 2023 Direct F3

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 -29,226 -100% 0 06 Apr 2023 Common Shares 29,226 Direct F1
transaction USM Performance Share Units Options Exercise -31,503 -100% 0 06 Apr 2023 Common Shares 31,503 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of restricted stock units that were awarded on April 6, 2020 under the United States Cellular Corporation Long-Term Incentive Plan.
F2 Vesting of performance share units granted on April 6, 2020. Performance share units were adjusted for performance and became time based on March 15, 2021.
F3 Shares withheld to pay for taxes