ELLISON JAY 4
4 · UNITED STATES CELLULAR CORP · Filed Mar 17, 2020
Insider Transaction Report
Form 4
ELLISON JAY
Executive VP and COO
Transactions
- Award
Performance Share Units
2020-03-16+8,036→ 16,913 totalExercise: $0.00→ Common Shares (8,036 underlying)
Footnotes (2)
- [F1]On April 1, 2019, the reporting person was granted an award based on the achievement of certain performance measures, except that such award provided 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. Based on company performance at 12/31/19, the LTICC certified on March 16, 2020 that reporting person was entitled to 95.3% of his target opportunity.
- [F2]Balance includes additional shares to correct for the over withholding of shares for payment of payroll taxes on April 1, 2019.