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ARRAY DIGITAL INFRASTRUCTURE, INC. — Director's Dealing 2018
May 22, 2018
31133_dirs_2018-05-22_cdbff153-b694-4f97-9ba5-f9ab7f926543.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: UNITED STATES CELLULAR CORP (USM)
CIK: 0000821130
Period of Report: 2018-05-18
Reporting Person: Chambers Douglas W (Chief Accounting Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 421 | Direct |
| Common Shares | 387 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Share Units | $0 | Common Shares (1370) | Direct | ||
| Restricted Stock Units | $0 | 2021-04-02 | Common Shares (2739) | Direct |
Footnotes
F1: Reporting person was granted an award based on the achievement of certain performance measures, except that such award provides that in no event shall the number of shares subject to the award be less than 50% of the target opportunity as of the grant date. Accordingly, the reporting person is reporting a stock award of 50% of the target opportunity as of the grant date. To the extent that the actual amount is determined to be greater than 50% of the target opportunity based on the final determination of the peformance measures, the reporting person will file a Form 4 at such time to report the additional award above 50% of the target opportunity.
F2: Restricted stock units were awarded under the United States Cellular Corporation Long-Term Incentive Plan. The restricted stock units will vest on the third anniversary of the Transaction Date.