SEC Form 4 · accession 0001120437-19-000024
TELEPHONE & DATA SYSTEMS INC /DE/ · TDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott H Williamson
Officer — Senior Vice President
Period of report
Feb 19, 2019
Accepted (ET)
Feb 21, 2019 · 2:37 pm 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 SharesF1 | Feb 19, 2019 | M | 16,657 | — | A | 46,970 | D | |
| Common Shares | Feb 19, 2019 | F | 4,901 | $36.59 | D | 42,069 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 16, 2016, the reporting person was granted financial-based performance share units that would be measured over a three year time period. The payout could be increased to 200% of target or reduced to 0% based on achievement of the key metrics. The performance share units have been accumulating quarterly dividend equivalents. Based on company performance over the three period ending on December 31, 2018, the Compensation Committee certified on February 19, 2019 that the reporting person was entitled to 107% of his target opportunity.
- F2Shares withheld to pay taxes