SEREDA PETER L 4
4 · TELEPHONE & DATA SYSTEMS INC /DE/ · Filed Feb 14, 2022
Insider Transaction Report
Form 4
SEREDA PETER L
VP & Treasurer
Transactions
- Exercise/Conversion
Common Shares
2022-02-10+11,604→ 58,743 total - Tax Payment
Common Shares
2022-02-10$20.32/sh−3,566$72,461→ 55,177 total
Footnotes (2)
- [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 Committee certified on February 10, 2022 that the reporting person was entitled to 91.5% of his target opportunity.
- [F2]Shares withheld to pay taxes