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ARRAY DIGITAL INFRASTRUCTURE, INC. — Director's Dealing 2020
Mar 17, 2020
31133_dirs_2020-03-17_a38ab468-1ce3-4698-b28b-7eabd16c9c25.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNITED STATES CELLULAR CORP (USM)
CIK: 0000821130
Period of Report: 2020-03-16
Reporting Person: ELLISON JAY (EVP-Operations)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-16 | Performance Share Units | $0.0 | A | 8036 | Acquired | Common Shares (8036.0) | Direct |
Footnotes
F1: On April 1, 2019, the reporting person was granted an award based on the achievement of certain performance measures, except that such award provided 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. Based on company performance at 12/31/19, the LTICC certified on March 16, 2020 that reporting person was entitled to 95.3% of his target opportunity.
F2: Balance includes additional shares to correct for the over withholding of shares for payment of payroll taxes on April 1, 2019.