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TELEPHONE & DATA SYSTEMS INC /DE/ Director's Dealing 2014

Dec 3, 2014

31096_dirs_2014-12-03_9d6bbf5b-493b-49c0-b698-da0dc54a8aea.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK: 0001051512
Period of Report: 2014-12-01

Reporting Person: HERBERT C THEODORE (VP Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-12-01 Common Shares M 7700 Acquired 100154 Direct
2014-12-01 Common Shares F 2310 $25.13 Disposed 97844 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-12-01 Restricted Stock Units $ M 7700 Disposed Common Shares (7700) Direct

Footnotes

F1: Shares withheld to pay taxes on restricted stock units that vested on Dec. 1, 2014.

F2: Restricted stock units awarded pursuant to the long term incentive plan. Stock units became vested on Dec. 1, 2014.