4//SEC Filing
ELLISON JAY 4
Accession 0001787296-20-000022
CIK 0000821130other
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 4:18 PM ET
Size
16.7 KB
Accession
0001787296-20-000022
Insider Transaction Report
Form 4
ELLISON JAY
Executive VP and COO
Transactions
- Exercise/Conversion
Common Shares
2020-04-03+25,491→ 45,341 total - Tax Payment
Common Shares
2020-04-03$27.58/sh−16,353$451,016→ 28,988 total - Exercise/Conversion
Restricted Stock Units
2020-04-03−19,850→ 0 totalExercise: $0.00→ Common Shares (19,850 underlying) - Exercise/Conversion
Performance Share Units
2020-04-03−25,491→ 0 total→ Common Shares (25,491 underlying) - Award
Restricted Stock Units
2020-04-06+31,180→ 31,180 totalExercise: $0.00→ Common Shares (31,180 underlying) - Award
Performance Share Units
2020-04-06+15,590→ 15,590 total→ Common Shares (15,590 underlying) - Exercise/Conversion
Common Shares
2020-04-03+19,850→ 19,850 total
Footnotes (5)
- [F1]Vesting of restricted stock units that were awarded on 4/1/17 under the United States Cellular Corporation Long-Term Incentive Plan.
- [F2]Vesting of performance share units granted on April 3, 2017. Performance share units were adjusted for performance and became time based on March 12, 2018.
- [F3]Delivery of common shares as settlement for taxes in connection with the vesting of restricted stock units and performance share units.
- [F4]These restricted stock units were awarded under the United States Cellular Corporation Long-Term Incentive Plan. These restricted stock units will vest on the third anniversary of the transaction date.
- [F5]On April 6, 2020, the reporting person was granted an award based on the achievement of certain performance measures, except that such award provides 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. Accordingly, the reporting person is reporting a stock award of 50% of the target opportunity as of the grant date. To the extent that the actual amount is determined to be greater than 50% of the target opportunity based on the final determination of the performance measures, the reporting person will file a Form 4 at such time to report the additional award above 50% of the target opportunity.
Documents
Issuer
UNITED STATES CELLULAR CORP
CIK 0000821130
Entity typeother
Related Parties
1- filerCIK 0001232782
Filing Metadata
- Form type
- 4
- Filed
- Apr 6, 8:00 PM ET
- Accepted
- Apr 7, 4:18 PM ET
- Size
- 16.7 KB