Leroy T Jr Carlson - Mar 8, 2024 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
President and CEO, Director
Signature
Julie D. Mathews, by power of atty
Stock symbol
TDS
Transactions as of
Mar 8, 2024
Transactions value $
$0
Form type
4
Date filed
3/11/2024, 06:17 PM
Previous filing
Feb 21, 2024
Next filing
May 21, 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 TDS Deferred Compensation Award +12.5K +23.48% 65.6K Mar 8, 2024 Common Shares 12.5K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person deferred a portion of his bonus into TDS stock pursuant to the Long Term Incentive Plan. Reporting person is 100% vested in all bonus amounts and receives an employer match that vests ratably at 33%, 33% and 34% per year over a 3 year period. A total of 62,166 are vested.