TELEPHONE & DATA SYSTEMS INC /DE/ — Director's Dealing 2018

Nov 13, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK: 0001051512
Period of Report: 2018-11-09

Reporting Person: CARLSON LEROY T JR (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-28	Common Shares	G	500	—	Disposed	103395	Direct
2018-04-13	Common Shares	G	13300	—	Disposed	90095	Direct
2018-07-10	Common Shares	G	7000	—	Disposed	83095	Direct
2018-08-10	Common Shares	G	2000	—	Disposed	81095	Direct
2018-08-17	Common Shares	G	4000	—	Disposed	77095	Direct
2018-10-04	Common Shares	G	2000	—	Disposed	75095	Direct
2018-10-17	Common Shares	G	3000	—	Disposed	72095	Direct
2018-11-02	Common Shares	G	2000	—	Disposed	70095	Direct
2018-11-09	Common Shares	M	244000	$26.95	Acquired	314095	Direct
2018-11-09	Common Shares	F	211705	$35.35	Disposed	102390	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-09	Option (Right to Buy)	$26.95	M	244000	Disposed	2019-05-20	Common Shares (244000)	Direct

Footnotes

F1: Shares withheld to pay for exercise price (186,020) and taxes (25,685)

F2: By gift

F3: Currently exercisable

F4: Includes 3,768 shares owned by children. Reporting person disclaims beneficial ownership of shares owned by children.