ARRAY DIGITAL INFRASTRUCTURE, INC. — Director's Dealing 2016

Dec 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED STATES CELLULAR CORP (USM)
CIK: 0000821130
Period of Report: 2016-12-09

Reporting Person: IRIZARRY MICHAEL (Exec. VP and CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-09	Common Shares	M	22268	$31.17	Acquired	25264	Direct
2016-12-09	Common Shares	F	16661	$41.66	Disposed	8603	Direct
2016-12-09	Common Shares	F	2562	$41.66	Disposed	6041	Direct
2016-12-09	Common Shares	M	23467	$36.42	Acquired	29508	Direct
2016-12-09	Common Shares	F	20515	$41.66	Disposed	8993	Direct
2016-12-09	Common Shares	F	1349	$41.66	Disposed	7644	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-09	Option (Right to Buy)	$31.17	M	22268	Disposed	2023-04-01	Common Shares (22268)	Direct
2016-12-09	Option (Right to Buy)	$36.42	M	23467	Disposed	2025-04-01	Common Shares (23467)	Direct

Footnotes

F1: Granted under the United States Cellular Corporation Long Term Incentive Plan. This option vested in three equal annual installments beginning on the first anniversary of the grant date

F2: Withholding of Common Shares for payment of the option exercise price and cash payment of remaining fractional share in connection with the exercise of options awarded under the United States Cellular Corporation Long Term Incentive Plan.

F3: Withholding of Common Shares as settlement for taxes due in connection with the exercise price of an option awarded under the United States Cellular Corporation Long Term Incentive Plan.