Kevin R. Lowell - 03 Apr 2024 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Role
EVP, Chief People Officer
Signature
Julie D. Mathews, by power of atty
Issuer symbol
USM
Transactions as of
03 Apr 2024
Transactions value $
-$93,194
Form type
4
Filing time
05 Apr 2024, 16:25:09 UTC
Previous filing
05 Mar 2024
Next filing
08 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USM Common Shares Options Exercise +9.79K +51.5% 28.8K 03 Apr 2024 Direct F1
transaction USM Common Shares Tax liability -$93.2K -2.53K -8.78% $36.85 26.3K 03 Apr 2024 Direct F2

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 Restricted Stock Units Options Exercise -9.79K -100% 0 03 Apr 2024 Common Shares 9.79K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 3, 2023, reporting person was granted Restricted Stock Units (RSUs) under the United States Cellular Corporation Long-Term Incentive Plan. RSUs vest one-third each year on the first, second and third anniversaries of the grant date. This transaction represents settlement of the first vesting.
F2 Shares withheld to pay for taxes.