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

Jan 12, 2018

31096_dirs_2018-01-12_ed2a0461-95c5-4907-896b-dc4e13973c27.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: MEYERS KENNETH R (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-12-31 Deferred Compensation $ J 833 Acquired Common Shares (38192) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 5579 Indirect
Common Shares 40848 Direct
Common Shares 1043 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option (Right to buy) $35.35 2018-08-26 Common Shares (93000) 93000 Direct
Option (Right to buy) $26.95 2019-05-20 Common Shares (129400) 129400 Direct
Option (Right to buy) $26.66 2020-05-25 Common Shares (132500) 132500 Direct
Option (Right to buy) $29.94 2021-05-13 Common Shares (121200) 121200 Direct
Option (Right to buy) $20.79 2022-05-16 Common Shares (225300) 225300 Direct
Option (Right to buy) $22.60 2023-05-10 Common Shares (177319) 177319 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: Reporting person deferred bonuses pursuant to the Long Term Incentive Plans. These shares are fully vested.

F3: 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 anniversary and one-third on the third anniversary.

F4: Voluntary reporting of shares acquired in the TDS 401K plan. The information is based on a plan statement dated 12/29/17. The number of shares fluctuates and is attributable to the price of the shares on 12/29/17.

F5: Granted under the 2011 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 anniversary and one-third on the third anniversary.

F6: Granted under the 2011 Long-Term Incentive Plan. Options vest on the third annual anniversary.