TELEPHONE & DATA SYSTEMS INC /DE/ — Director's Dealing 2023

Jul 5, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK: 0001051512
Period of Report: 2023-06-30

Reporting Person: Carlson Prudence E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-30	Common Shares	G	798734.34	—	Disposed	1582674	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-30	Series A Common Shares	$	G	100000	Disposed		Common Shares (100000.0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series A Common Shares	$		Common Shares (100000.0)	100000	Indirect

Footnotes

F1: Gift to spouse

F2: Reporting person is one of four trustees of a voting trust which is record owner of these Common Shares and which files its holdings on a form 4. The shares reported are held by respective reporting person and her family members that have a pecuniary interest in such securities. Reporting person already reports spouse's ownership in the Voting Trust. Accordingly the gift did not result in a change in the number of securities reported as beneficially owned by reporting person. Includes 691,720 Common Shares held by a family partnership of which reporting person is a general partner.

F3: Series A Common shares are convertible on a share for share basis into Common.