Douglas W. Chambers - Nov 27, 2023 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Role
EVP-CFO & Treasurer
Signature
Julie D. Mathews, by power of atty
Stock symbol
USM
Transactions as of
Nov 27, 2023
Transactions value $
$0
Form type
4
Date filed
11/29/2023, 09:01 AM
Previous filing
May 25, 2023
Next filing
Feb 16, 2024

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 Performance Shares Units Award +16.8K 16.8K Nov 27, 2023 Common Shares 16.8K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 27, 2023, the Long-Term Incentive Compensation Committee took action to express its intent to exercise its discretion upon vesting of the 2022 performance share unit award in 2025, to provide for a payout at no less than 75% of the target opportunity of such award.