Laurent C. Therivel - Jan 2, 2025 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Role
President and CEO, Director
Signature
Julie D Mathews, by power of atty
Stock symbol
USM
Transactions as of
Jan 2, 2025
Transactions value $
-$222,531
Form type
4
Date filed
1/3/2025, 04:38 PM
Previous filing
Apr 8, 2024
Next filing
Feb 21, 2025
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 +13.2K +14.67% 103K Jan 2, 2025 Direct F1
transaction USM Common Shares Tax liability -$223K -3.55K -3.45% $62.72 99.3K Jan 2, 2025 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 Deferred Compensation Options Exercise $0 -13.2K -48.9% $0.00 13.8K Jan 2, 2025 Deferred Compensation 13.2K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payout of deferred bonus. Reporting person deferred a portion of his 2021 bonus pursuant to the UScellular Long-Term Incentive Plan. The deferred bonus including the match has been invested in phantom stock now representing common shares. The price on December 31, 2024 was used to determine the payout for the deferred bonus shares. A total of 12,143 are vested.
F2 Withholding of common shares as settlement for taxes due in connection with settlement of the deferred compensation payout.