4//SEC Filing
CARLSON WALTER CD 4
Accession 0001120437-25-000106
CIK 0001051512other
Filed
May 21, 8:00 PM ET
Accepted
May 22, 8:43 PM ET
Size
9.9 KB
Accession
0001120437-25-000106
Insider Transaction Report
Form 4
CARLSON WALTER CD
Director
Transactions
- Award
Restricted Stock Units
2025-05-21+35,715→ 35,715 total→ Common Shares (35,715 underlying) - Award
Common Shares
2025-05-22$33.83/sh+2,479$83,865→ 220,626 total - Award
Performance Share Units
2025-05-21+12,736→ 12,736 total→ Common Shares (12,736 underlying)
Footnotes (3)
- [F1]Shares acquired pursuant to a compensation plant for non-employee directors. Reporting person was a non-employee director through January 31, 2025.
- [F2]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.
- [F3]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 0001230118
Filing Metadata
- Form type
- 4
- Filed
- May 21, 8:00 PM ET
- Accepted
- May 22, 8:43 PM ET
- Size
- 9.9 KB