SEC Form 4 · accession 0001120437-15-000047
TELEPHONE & DATA SYSTEMS INC /DE/ · TDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Wittwer
Officer — President of a subsidiary · Director
Period of report
May 18, 2015
Accepted (ET)
May 20, 2015 · 10:26 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001051512
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | May 18, 2015 | M | 100,000 | $20.79 | A | 122,927 | D | |
| Common Shares | May 18, 2015 | S | 100,000 | $30.1573 | D | 22,927 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | $20.79 | May 18, 2015 | M | 100,000 | D | — | May 16, 2022 | Common Shares | 100,000 | 0 | D |
Explanation of responses
- F1Granted under the 2011 Long-Term Incentive Plan. Options vest over a 3 year period with one-third of the number of shares becoming exercisable on the first annual anniversary, one-third on the second annual anniversary and one-third on the third annual anniversary.