Gary L. Sugarman - 10 May 2021 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
Director
Signature
Julie D. Mathews, by power of atty
Issuer symbol
TDS
Transactions as of
10 May 2021
Transactions value $
-$268,655
Form type
4
Filing time
12 May 2021, 15:48:37 UTC
Next filing
02 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Shares Sale -$268,655 -10,413 -24% $25.8 32,661 10 May 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's sale of TDS Common Shares reported herein was matchable under Section 16(b) of the Securities Exchange Act to the extent of 300 shares with the reporting person's purchase of 300 TDS Common Shares at a price of $17.93 on February 22, 2021. The reporting person disgorged $2,364 to TDS on May 11, 2021, representing the full amount of the profit realized in connection with the short-swing transaction.
F2 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $25.80 and $25.81. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.