SEC Form 4 · accession 0001120437-17-000001
TELEPHONE & DATA SYSTEMS INC /DE/ · TDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leroy T Carlson Jr.
Officer — President and CEO · Director
Period of report
Jan 5, 2017
Accepted (ET)
Jan 6, 2017 · 10:22 am EST
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 SharesF4,F3 | Aug 22, 2016 | G | 5,400 | — | D | 84,614 | D | |
| Common SharesF4,F3 | Dec 6, 2016 | G | 26,400 | — | D | 58,214 | D | |
| Common SharesF2,F3 | Jan 5, 2017 | M | 7,449 | — | A | 65,663 | D | |
| Common SharesF3 | Jan 5, 2017 | F | 2,142 | $30.89 | D | 63,521 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred CompensationF2 | — | Jan 5, 2017 | M | 7,449 | D | — | — | Common shares | 7,449 | 57,194 | D |
Explanation of responses
- F1Withholding of common shares as settlement for taxes due in consideration for settlement of the deferred compensation payout.
- F2Reporting person deferred a portion of his 2014 bonus pursuant to the TDS Long Term Incentive Plan. The deferred bonus has been invested in phantom stock now representing 7,448.911 common shares, including dividend reinvestment. January 5, 2017 was the payout date for the deferred bonus shares.
- F3Includes 3768 shares owned by children
- F4By gift