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

Jan 19, 2023

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK: 0001051512
Period of Report: 2022-12-31

Reporting Person: CARLSON LETITIA G C (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-27	Series A Common Shares	$	G	9108	Disposed		Common Shares (9108.0)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	54119	Direct
Common Shares	1846069	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series A Common Shares	$		Common Shares (1166.0)	1166	Direct

Footnotes

F1: 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. Includes 691,720 Common Shares held by a family partnership of which reporting person is a general partner.

F2: Series A Common shares are convertible, on a share-for-share basis, into common shares.

F3: Reporting person is one of four trustees of a voting trust which is record owner of these Series A 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. Includes 753,934 Series A Common Shares held by a family partnership of which reporting person is a general partner.