4//SEC Filing
ELLISON JAY 4
Accession 0001120437-19-000059
CIK 0000821130other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 2:22 PM ET
Size
13.5 KB
Accession
0001120437-19-000059
Insider Transaction Report
Form 4
ELLISON JAY
Executive VP and COO
Transactions
- Exercise/Conversion
Common Shares
2019-04-01+20,316→ 20,316 total - Tax Payment
Common Shares
2019-04-01$46.43/sh−7,818$362,990→ 12,498 total - Award
Performance Share Units
2019-04-01+8,877→ 8,877 total→ Common Shares (8,877 underlying) - Award
Restricted Stock Units
2019-04-01+17,754→ 17,754 totalExercise: $0.00→ Common Shares (17,754 underlying) - Exercise/Conversion
Restricted Stock Units
2019-04-01−20,316→ 0 totalExercise: $0.00→ Common Shares (20,316 underlying)
Footnotes (4)
- [F1]Delivery of Common Shares as settlement for taxes due in connection with restricted shares awarded under the United States Cellular Corporation Long-Term Incentive Plan.
- [F2]Vesting of restricted stock units that were awarded on 04/01/2016 under the United States Cellular Corporation Long-Term Incentive Plan.
- [F3]On April 1, 2019, the reporting person was granted an award based on the achievement of certain performance measures, except that such award provides that in no event shall the number of shares subject to the award be less than 50% of the target opportunity as of the grant date. Accordingly, the reporting person is reporting a stock award of 50% of the target opportunity as of the grant date. To the extent that the actual amount is determined to be greater than 50% of the target opportunity based on the final determination of the performance measures, the reporting person will file a Form 4 at such time to report the additional award above 50% of the target opportunity.
- [F4]These restricted stock units were awarded under the United States Cellular Corporation Long-Term Incentive Plan. These restricted stock units will vest on the third anniversary of the Transaction Date.
Documents
Issuer
UNITED STATES CELLULAR CORP
CIK 0000821130
Entity typeother
Related Parties
1- filerCIK 0001232782
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 2:22 PM ET
- Size
- 13.5 KB