Joseph R. Hanley - Feb 28, 2025 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
SVP-Strategy & Corp Dev
Signature
Julie D. Mathews, by power of atty
Stock symbol
TDS
Transactions as of
Feb 28, 2025
Transactions value $
-$53,941
Form type
4
Date filed
3/3/2025, 05:11 PM
Previous filing
Feb 25, 2025
Next filing
Mar 13, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Shares Options Exercise $787K +26.9K +37.68% $29.26 98.3K Feb 28, 2025 Direct
transaction TDS Common Shares Tax liability -$841K -23.3K -23.7% $36.10 75K Feb 28, 2025 Direct F1

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 TDS Option (Right to Buy) Options Exercise -26.9K -100% 0 Feb 28, 2025 Common Shares 26.9K $29.26 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to pay for strike price (21,805) and taxes (1,494)
F2 Granted on May 11, 2015, under the 2011 Long Term Incentive Plan. Stock options vested on the third annual anniversary of the grant date.