Prudence E. Carlson - 04 Oct 2023 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
Director
Signature
Julie D. Mathews, by power of atty
Issuer symbol
TDS
Transactions as of
04 Oct 2023
Net transactions value
$0
Form type
4
Filing time
05 Oct 2023, 16:33:53 UTC
Previous filing
08 Aug 2023
Next filing
23 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Shares Gift $0 -423,111 -21% $0.000000 1,582,674 04 Oct 2023 By Voting Trust F1, 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 TDS Series A Common Shares Gift $0 -20,629 -1.1% $0.000000 1,890,251 04 Oct 2023 Common Shares 20,629 By Voting Trust F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Gift to children
F2 Reporting person is one of four trustees of a Voting Trust which is record owner of these Common Shares and which files its holdings on a Form 4. The shares reported are held by respective reporting person and her family members that have a pecuniary interest in such securities. Reporting person already reports children's ownership in the Voting Trust. Accordingly the gift did not result in a change in the number of securities reported as beneficially owned by reporting person. Includes 691,720 Common Shares held by a family partnership of which reporting person is a general partner.
F3 Series A Common Shares are convertible on a share for share basis into Common Shares.
F4 Reporting person is one of four trustees of a Voting Trust which is record owner of these Series A Common Shares and which files its holdings on a Form 4. The shares reported are held by respective reporting person and her family members that have a pecuniary interest in such securities. Reporting person already reports children's ownership in the Voting Trust. Accordingly, the gift did not result in a change in the number of securities reported as beneficially owned by reporting person. Includes 753,934 Series A Common Shares held by a family partnership of which reporting person is a general partner.