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

Reporting relationship: Director
Issuer ticker: USM
Reported as of: 06 Apr 2023
Net transaction value: -$284,338
SEC form: 4
Accepted by SEC: 07 Dec 2023, 08:57:25 UTC
Prior SEC filing: 02 Mar 2023
Next SEC filing: 03 May 2023
Source filing: View source filing
Reporting owner signature: Julie D. Mathews, by power of atty

Key filing fact

Deirdre Drake filed Form 4 for UNITED STATES CELLULAR CORP (USM) on 07 Dec 2023.

Key facts

This page summarizes Deirdre Drake's Form 4 filing for UNITED STATES CELLULAR CORP (USM).
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 07 Dec 2023, 08:57.

Change

Previous filing in this sequence was filed on 02 Mar 2023.
Current net transaction value: -$284,338.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

USM transaction

Common Shares

Options Exercise

Transaction value
Shares: +21,685
Change %: +1050%
Price
Shares after: 23,751
Date: 06 Apr 2023
Ownership: Direct
Footnotes: F1

USM transaction

Common Shares

Options Exercise

Transaction value
Shares: +20,118
Change %: +85%
Price
Shares after: 43,869
Date: 06 Apr 2023
Ownership: Direct
Footnotes: F2

USM transaction

Common Shares

Tax liability

Transaction value: $284,338
Shares: -12,808
Change %: -29%
Price: $22.20
Shares after: 31,061
Date: 06 Apr 2023
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

USM transaction Derivative

Performance Shares Units

Options Exercise

Transaction value
Shares: -21,685
Change %: -100%
Price
Shares after: 0
Date: 06 Apr 2023
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 21,685
Exercise price
Footnotes: F1

USM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -20,118
Change %: -100%
Price
Shares after: 0
Date: 06 Apr 2023
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 20,118
Exercise price: $0.000000
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Vesting of performance share units granted on April 6, 2020. Performance share units were adjusted for performance and became time based on March 16, 2021.

Footnote F2

Vesting of restricted stock units were awarded on April 6, 2020 under the UScellular Long-Term Incentive Plan.

Footnote F3

Shares withheld to pay for taxes.