SEC Form 5 · accession 0001120437-16-000064

· TDS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Leroy T Carlson

Officer — Chairman Emeritus · Director

Period of report

Dec 31, 2015

Accepted (ET)

Jan 12, 2016 · 9:32 am EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001051512

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Common Shares	holding	—	—	—	105,239	D
Common Shares^F3	holding	—	—	—	9,375	I	By 401k plan
Common Shares^F5	holding	—	—	—	223,991	I	By Voting Trust
Common Shares	holding	—	—	—	10,562	I	By wife

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Deferred Compensation^F4	—	Dec 31, 2015	J	3,255	A	—	—	Common Shares	156,093	156,093	D
Option (Right to buy)	$38.00	holding	—	—	—	Dec 15, 2006	Jun 19, 2016	Common Shares	61,127	61,127	D
Option (Right to buy)	$59.45	holding	—	—	—	Dec 15, 2007	Jul 2, 2017	Common Shares	36,116	36,116	D
Option (Right to buy)^F6	$35.35	holding	—	—	—	—	Aug 26, 2018	Common Shares	41,500	41,500	D
Option (Right to buy)^F7	$26.95	holding	—	—	—	—	May 20, 2019	Common Shares	42,200	42,200	D
Option (Right to buy)^F7	$26.66	holding	—	—	—	—	May 25, 2020	Common Shares	39,900	39,900	D
Option (Right to buy)^F7	$29.94	holding	—	—	—	—	May 13, 2021	Common Shares	31,400	31,400	D
Option (Right to buy)^F8	$20.79	holding	—	—	—	—	May 15, 2022	Common Shares	51,400	51,400	D
Option (Right to buy)^F9	$22.60	holding	—	—	—	—	May 10, 2023	Common Shares	39,382	39,382	D
Option (Right to buy)^F9	$26.83	holding	—	—	—	—	May 16, 2024	Common Shares	20,142	20,142	D
Option (Right to buy)^F9	$29.26	holding	—	—	—	—	May 11, 2025	Common Shares	11,422	11,422	D
Restricted Stock Units^F10	—	holding	—	—	—	May 10, 2016	May 10, 2016	Common Shares	10,628	10,628	D
Restricted Stock Units^F10	—	holding	—	—	—	May 16, 2017	May 16, 2017	Common Shares	5,561	5,561	D
Restricted Stock Units^F10	—	holding	—	—	—	May 11, 2018	May 11, 2018	Common Shares	3,757	3,757	D
Series A Common Shares^F1	—	holding	—	—	—	—	—	Common Shares	67,063	67,063	I
Series A Common shares^F2,F1	—	holding	—	—	—	—	—	Common Shares	249,273	249,273	I

Explanation of responses

F1Series A Common shares are convertible, on a share-for-share basis, into common shares.
F10Restricted Stock unit award pursuant to the Long Term Incentive Plan. Stock units will become vested on the third annual anniversary.
F2Beneficial ownership of shares held in Voting Trust. Reporting person disclaims ownership of 212,242 shares acquired by wife.
F3Voluntary reporting of shares in the TDS 401K. The information is based on a plan statement dated 12/31/15. The number of shares fluctuates and is attributable to the price of the shares on 12/31/15.
F4Reporting person has deferrred bonuses pursuant to the Long term incentive plan. The employer match vests ratably at 33%, 33% and 34% per year over a 3 year period. Common share units vested at 12/31/15 were 154,490.
F5Beneficial ownership of shares held in Voting Trust. Reporting person disclaims ownership of 194,315 shares acquired by wife.
F6Granted under the 2004 Long Term Incentive Plan. Options vest over a 3 year period with one-third of the number of shares becoming exercisable on the Aug. 26, 2009, one-third on Aug. 26, 2010 and one-third on Aug. 26, 2011.
F7Granted under the 2004 Long-Term Incentive Plan. Options vest over a 3 year period with one-third of the number of shares becoming exercisable on the first anniversary, one-third on the second anniversary and one-third on the third anniversary.
F8Granted under the 2011 Long-Term Incentive Plan. Options vest over a 3 year period with one-third of the number of share becoming exercisable on the first anniversary, one-third on the second anniversary and one-third on the third anniversary.
F9Granted under the 2011 Long-Term Incentive Plan. Options vest on the third annual anniversary