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

Feb 5, 2018

31096_dirs_2018-02-05_a5cd5eec-5e75-4785-bf33-d106a2ffe893.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: 2017-12-31

Reporting Person: Shuma Douglas D (SVP - Finance and CAO)

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 7390 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option (Right to Buy) $35.35 2018-05-21 Common Shares (15300) 15300 Direct
Option (Right to Buy) $29.94 2021-05-13 Common Shares (21500) 21500 Direct
Option (Right to Buy) $26.83 2024-05-16 Common Shares (25411) 25411 Direct
Option (Right to Buy) $29.26 2025-05-11 Common Shares (31356) 31356 Direct
Option (Right to Buy) $29.45 2026-08-15 Common Shares (8430) 8430 Direct
Option (Right to Buy) $27.79 2027-05-24 Common Shares (8394) 8394 Direct
Restricted Stock Units $ 2018-05-11 Common Shares (6992) 6992 Direct
Restricted Stock Units $ 2019-05-11 Common Shares (11757) 11757 Direct
Restricted Stock Units $ 2020-05-24 Common Shares (9691) 9691 Direct
Deferred Compensation $ Common Shares (6158) 6158 Direct

Footnotes

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

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

F3: Reporting person deferred performance bonuses pursuant to the Long Term Incentive Plans. At Dec. 31, 2017, a total of 6,158 shares were vested.

F4: Restricted stock units pursuant to the 2011 Long Term Incentive Plan. Stock units will become vested on the third annual anniversary.

F5: Stock options granted pursuant to the 2011 Long Term Incentive Plan. Options become exercisable on the third annual anniversary.