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TELEPHONE & DATA SYSTEMS INC /DE/ — Director's Dealing 2019
Jan 4, 2019
31096_dirs_2019-01-04_6cb0f255-98ab-40f9-9f02-282684ffaaaa.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: 2019-01-04
Reporting Person: CARLSON LEROY T JR (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-02 | Common Shares | G | 1860 | — | Disposed | 100530 | Direct |
| 2019-01-04 | Common Shares | M | 16639 | — | Acquired | 117169 | Direct |
| 2019-01-04 | Common Shares | F | 4485 | $33.16 | Disposed | 112684 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-04 | Deferred Compensation | $ | M | 16639 | Disposed | Common Shares (16639) | Direct |
Footnotes
F1: Witholding of common shares as settlement for taxes due in consideration for settlement of the deferred compensation payout.
F2: By gift
F3: Includes 3,768 shares owned by children. Reporting person disclaims beneficial ownership of shares owned by children.
F4: Payout of 2 deferred bonuses. Reporting person deferred a portion of his 2005 and 2015 bonuses pursuant to the TDS Long-Term Incentive Plan. The deferred bonus has been invested in phantom stock now representing common shares, including dividend reinvestment. The price on January 3, 2019 was used to determine the payout for the deferred bonus shares. A total of 45,908 are vested.