4//SEC Filing
Hanley Joseph R 4
Accession 0001120437-25-000087
CIK 0001051512other
Filed
May 21, 8:00 PM ET
Accepted
May 22, 4:27 PM ET
Size
8.3 KB
Accession
0001120437-25-000087
Insider Transaction Report
Form 4
Hanley Joseph R
VP-Technology Planning Service
Transactions
- Award
Restricted Stock Units
2025-05-21+9,795→ 9,795 total→ Common Shares (9,795 underlying) - Award
Performance Share Units
2025-05-21+2,329→ 2,329 total→ Common Shares (2,329 underlying)
Footnotes (2)
- [F1]Restricted stock units awarded 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.
- [F2]On May 21, 2025, the reporting person was granted financial-based performance share units based on the performance of three key metrics. One of the three performance metrics, representing 32% of the total award, is based on UScellular performance and has a 75% floor, which can be increased to 100% if the announced UScellular transaction with T-Mobile closes in 2025. Accordingly, this Form 4 reports the number of performance share units issuable under the 75% floor, which is 24% of the target award. Another Form 4 would be filed to reflect an increase in the floor to the extent the UScellular transaction with T-Mobile closes in 2025. Performance share units accumulate dividend equivalents (in the form of additional performance share units) which are forfeitable if the performance metrics are not achieved.
Documents
Issuer
TELEPHONE & DATA SYSTEMS INC /DE/
CIK 0001051512
Entity typeother
Related Parties
1- filerCIK 0001298040
Filing Metadata
- Form type
- 4
- Filed
- May 21, 8:00 PM ET
- Accepted
- May 22, 4:27 PM ET
- Size
- 8.3 KB