Douglas W. Chambers - 19 Feb 2025 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Feb 2025, 17:14:23 UTC
Prior SEC filing
08 Apr 2024
Next SEC filing
07 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Julie D Mathews, by power of atty

Key filing fact

Douglas W. Chambers filed Form 4 for UNITED STATES CELLULAR CORP (USM) on 21 Feb 2025.

Key facts

  • This page summarizes Douglas W. Chambers's Form 4 filing for UNITED STATES CELLULAR CORP (USM).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 21 Feb 2025, 17:14.

Change

  • Previous filing in this sequence was filed on 08 Apr 2024.
  • Current net transaction value: $0.

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 derivative securities

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

USM transaction Derivative

Performance Share Units

Award

Transaction value
Shares
+3,582
Change %
+21%
Price
Shares after
20,374
Date
19 Feb 2025
Ownership
Direct
Underlying class
Common Shares
Underlying amount
3,582
Exercise price
Footnotes
F1
USM transaction Derivative

Performance Shares Units

Award

Transaction value
Shares
+30,225
Change %
Price
Shares after
30,225
Date
19 Feb 2025
Ownership
Direct
Underlying class
Common Shares
Underlying amount
30,225
Exercise price
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 2 footnotes

Footnote F1

On April 4, 2022 reporting person was granted an award based on achievement of certain performance measures and, effective November 27, 2023, the award was adjusted by the Long-Term Incentive Compensation Committee (LTICC) to provide for a payout at no less than 75% of the target opportunity of such award. Based on company performance at December 31, 2024, the LTICC certified on February 19, 2025 that the reporting person was entitled to 91% of his target opportunity. Performance share units are now adjusted for performance and are time-based and vest on April 4, 2025. Each performance share unit represents the contingent right to receive one common share.

Footnote F2

On March 4, 2024, the reporting person was granted an award based on the achievement of certain performance measures. Based on company performance at December 31, 2024, the Long-Term Incentive Compensation Committee certified on February 19, 2025 that the reporting person was entitled to 145.9% of his target opportunity. Performance share units are now adjusted for performance and are time-based and vest on March 4, 2027.

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