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TELEPHONE & DATA SYSTEMS INC /DE/ Director's Dealing 2015

Jan 20, 2015

31096_dirs_2015-01-20_53c6656d-65f1-48ee-bbd4-05a20851eec0.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK: 0001051512
Period of Report: 2014-12-31

Reporting Person: Hanley Joseph R (SVP-Tech, Services & Strategy)

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 9942 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option (Right to buy) $38.00 2016-06-19 Common Shares (10669) 10669 Direct
Option (Right to buy) $59.45 2017-07-02 Common Shares (14448) 14448 Direct
Option (Right to buy) $35.35 2018-08-26 Common Shares (19000) 19000 Direct
Option (Rigft to buy) $26.95 2019-05-20 Common Shares (24400) 24400 Direct
Option (Rigft to buy) $26.66 2020-05-25 Common Shares (22800) 22800 Direct
Option (Right to buy) $29.94 2021-05-13 Common Shares (21000) 21000 Direct
Option (Right to buy) $20.79 2022-05-15 Common Shares (34200) 34200 Direct
Option (Right to buy) $22.60 2023-05-10 Common Shares (29912) 29912 Direct
Option (Right to buy) $26.83 2024-05-16 Common Shares (25434) 25434 Direct
Restricted Stock Units $ Common Shares (5463) 5463 Direct
Restricted Stock Units $ Common Shares (5548) 5548 Direct

Footnotes

F1: Granted under the 2004 Long-Term Incentive Plan. Options vest over a 3 year period with one-third vesting on Aug. 26, 2009, one-third vesting on Aug. 26, 2010 and one-third vesting on Aug. 25, 2011.

F2: Granted under the 2004 Long Term Incentive Plan. Option vests over a 3 year period with one-third of the number of shares becoming exercisable on the first annual anniversary, one-third on the second annual anniversary and one-third on the third annual anniversary.

F3: Granted under the 2011 Long Term Incentive Plan. Option vests over a 3 year period with one-third of the number of shares becoming exercisable on the first annual anniversary, one-third on the second annual anniversary and one-third on the third annual anniversary.

F4: Granted under the 2011 Long Term Incentive Plan. Stock options will become vested on the third annual anniversary.

F5: Restricted stock unit award pursuant to the long term incentive plan. Stock units will become vested on the third annual anniversary.