0001120437-25-000053.txt : 20250313 0001120437-25-000053.hdr.sgml : 20250313 20250313172249 ACCESSION NUMBER: 0001120437-25-000053 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250312 FILED AS OF DATE: 20250313 DATE AS OF CHANGE: 20250313 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hanley Joseph R CENTRAL INDEX KEY: 0001298040 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14157 FILM NUMBER: 25736922 MAIL ADDRESS: STREET 1: 535 JUNCTION ROAD CITY: MADISON STATE: WI ZIP: 53717 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TELEPHONE & DATA SYSTEMS INC /DE/ CENTRAL INDEX KEY: 0001051512 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] ORGANIZATION NAME: 06 Technology IRS NUMBER: 362669023 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 30 NORTH LASALLE STREET STREET 2: STE 4000 CITY: CHICAGO STATE: IL ZIP: 60602 BUSINESS PHONE: 3126301900 MAIL ADDRESS: STREET 1: 30 NORTH LASALLE STREET STREET 2: STE 4000 CITY: CHICAGO STATE: IL ZIP: 60602 4 1 wk-form4_1741900963.xml FORM 4 X0508 4 2025-03-12 0 0001051512 TELEPHONE & DATA SYSTEMS INC /DE/ TDS 0001298040 Hanley Joseph R 30 N. LASALLE ST., STE. 4000 CHICAGO IL 60602 0 1 0 0 SVP-Strategy & Corp Dev 0 Performance Share Units 2025-03-12 4 A 0 8312 A Common Shares 8312 8312 D On June 11, 2024, the reporting person was granted financial-based performance share units based on the performance of three key metrics. The payout could be increased to 192% of target or reduced to 0% on achievement of the key metrics. Based on company performance at December 31, 2024, the Compensation Human Resources Committee certified on March 12, 2025 one of the three metrics at 145.9%. The Performance Shares representing the one metric were certified and are now adjusted for performance and are time-based and will vest on June 11, 2027. The second of the three metrics is measured over a two year time period and will not be measured until December 31, 2025. The final metric is measured over a three year time period and will not be measured until December 31, 2026. The performance share units have been accumulating quarterly dividend equivalents. Each performance share unit represents the contingent right to receive one common share. Julie D. Mathews, by power of atty 2025-03-13