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TELEPHONE & DATA SYSTEMS INC /DE/ — Director's Dealing 2022
Feb 14, 2022
31096_dirs_2022-02-14_312251c2-7655-467c-9f57-739821d7d340.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: 2022-02-10
Reporting Person: CARLSON LEROY T JR (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-26 | Common Shares | G | 4830 | — | Disposed | 52172 | Direct |
| 2022-02-10 | Common Shares | M | 72850 | — | Acquired | 125022 | Direct |
| 2022-02-10 | Common Shares | F | 26360 | $20.32 | Disposed | 98662 | Direct |
Footnotes
F1: On May 22, 2019, the reporting person was granted financial-based performance share units that would be measured over a three year time period. The payout could be increased to 200% of target or reduced to 0% based on achievement of the key metrics. The performance share units have been accumulating quarterly dividend equivalents. Based on company performance over the three period ending on December 31, 2021, the Compensation and Human Resources Committee certified on February 10, 2022 that the reporting person was entitled to 91.5% of his target opportunity.
F2: Includes 5,242 shares owned by children. Reporting person disclaims beneficial ownership of shares owned by children.
F3: Shares withheld to taxes