Gary L. Sugarman - May 10, 2021 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
Director
Signature
Julie D. Mathews, by power of atty
Stock symbol
TDS
Transactions as of
May 10, 2021
Transactions value $
-$268,655
Form type
4
Date filed
5/12/2021, 03:48 PM
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Shares Sale -$269K -10.4K -24.17% $25.80 32.7K May 10, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's sale of TDS Common Shares reported herein was matchable under Section 16(b) of the Securities Exchange Act to the extent of 300 shares with the reporting person's purchase of 300 TDS Common Shares at a price of $17.93 on February 22, 2021. The reporting person disgorged $2,364 to TDS on May 11, 2021, representing the full amount of the profit realized in connection with the short-swing transaction.
F2 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $25.80 and $25.81. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.