TELEPHONE & DATA SYSTEMS INC /DE/ 4
4 · TELEPHONE & DATA SYSTEMS INC /DE/ · Filed Jun 27, 2007
Insider Transaction Report
Form 4
JACK D MICHAEL
Sr. VP - Corp. Controller
Transactions
- Sale
Special Common Shares
2007-06-26$57.26/sh−29,328$1,679,348→ 180 total - Exercise/Conversion
Special Common shares
2007-06-26+7,040→ 7,220 total - Sale
Common Shares
2007-06-26$61.86/sh−7,040$435,525→ 180 total - Exercise/Conversion
Option (Right to Buy)
2007-06-26−7,040→ 0 totalExercise: $117.51Exp: 2010-09-16→ Tandem Common Shares and special common shares (7,040 underlying) - Exercise/Conversion
Special Common shares
2007-06-26$40.95/sh+22,288$912,694→ 29,508 total - Exercise/Conversion
Option (right to buy)
2007-06-26−22,288→ 0 totalExercise: $40.95From: 2006-12-15Exp: 2016-10-10→ Tandem Common Shares and special common shares (22,288 underlying) - Exercise/Conversion
Common Shares
2007-06-26+7,040→ 7,220 total
Footnotes (4)
- [F1]Granted under the 2004 Long-Term Incentive Plan.
- [F2]As a result of the special common dividend on 5/13/05, all options to purchase common shares were adjusted into tandem options. The tandem option provide that upon exercise, the optionee purchases the number of common shares originally subject to the option plus an equal number of special common shares.
- [F3]The option was exercisable with respect to 1760 common shares on Dec. 15 of each year 2001-2004.
- [F4]Average price