Douglas W. Chambers - 23 May 2023 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Signature
Julie D. Mathews, by power of atty
Issuer symbol
USM
Transactions as of
23 May 2023
Net transactions value
$0
Form type
4
Filing time
25 May 2023, 09:32:48 UTC
Previous filing
07 Apr 2023
Next filing
29 Nov 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USM Performance Shares Units Award +12,281 12,281 23 May 2023 Common Shares 12,281 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 23, 2023, the Long-Term Incentive Compensation Committee took action to express its intent to exercise its discretion upon vesting of the 2021 performance share unit award in 2024, to provide for a payout at no less than 75% of the target opportunity of such award.