Butman James W 4
4 · TELEPHONE & DATA SYSTEMS INC /DE/ · Filed May 21, 2024
Insider Transaction Report
Form 4
Butman James W
DirectorPresident & CEO of subsidiary
Transactions
- Exercise/Conversion
Common Shares
2024-05-17+57,362→ 193,624 total - Tax Payment
Common Shares
2024-05-19$20.80/sh−14,718$306,134→ 188,998 total - Exercise/Conversion
Restricted Stock Units
2024-05-17−57,362→ 114,724 total→ Common Shares (57,362 underlying) - Exercise/Conversion
Restricted Stock Units
2024-05-19−32,961→ 0 total→ Common Shares (32,961 underlying) - Tax Payment
Common Shares
2024-05-17$20.80/sh−22,869$475,675→ 170,755 total - Exercise/Conversion
Common Shares
2024-05-19+32,961→ 203,716 total
Footnotes (5)
- [F1]Restricted stock units were awarded on May 17, 2023, pursuant to the 2022 Long Term Incentive Plan. One-third of the restricted stock units will vest on the first, second and third annual anniversaries of the Grant Date. This transaction represents settlement of the first vesting. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
- [F2]Shares withheld to pay taxes on restricted stock units that vested on May 17, 2024.
- [F3]Restricted stock units awarded pursuant to the 2020 Long Term Incentive Plan. Restricted stock units became vested on May 19, 2024. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
- [F4]Shares withheld to pay taxes on restricted stock units that vested on May 19, 2024.
- [F5]The market was closed on vest date therefore the previous trading day's close, May 17, 2024, was used to value the transaction.