0001120437-25-000106.txt : 20250522
0001120437-25-000106.hdr.sgml : 20250522
20250522204358
ACCESSION NUMBER: 0001120437-25-000106
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20250521
FILED AS OF DATE: 20250522
DATE AS OF CHANGE: 20250522
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CARLSON WALTER CD
CENTRAL INDEX KEY: 0001230118
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14157
FILM NUMBER: 25978962
MAIL ADDRESS:
STREET 1: C/O TDS 30 N LASALLE STREET
STREET 2: STE 4000
CITY: CHICAGO
STATE: IL
ZIP: 60602
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
EIN: 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_1747961031.xml
FORM 4
X0508
4
2025-05-21
0
0001051512
TELEPHONE & DATA SYSTEMS INC /DE/
TDS
0001230118
CARLSON WALTER CD
30 N. LASALLE ST. STE. 4000
CHICAGO
IL
60602
1
1
0
0
President and CEO
0
Common Shares
2025-05-22
4
A
0
2479
33.83
A
220626
D
Restricted Stock Units
2025-05-21
4
A
0
35715
A
Common Shares
35715
35715
D
Performance Share Units
2025-05-21
4
A
0
12736
A
Common Shares
12736
12736
D
Shares acquired pursuant to a compensation plant for non-employee directors. Reporting person was a non-employee director through January 31, 2025.
Restricted stock units awarded pursuant to the 2022 Long Term Incentive Plan. One-third of the restricted stock units will vest on the first, second and third annual anniversaries of the Grant Date.
On May 21, 2025, the reporting person was granted financial-based performance share units based on the performance of three key metrics. One of the three performance metrics, representing 32% of the total award, is based on UScellular performance and has a 75% floor, which can be increased to 100% if the announced UScellular transaction with T-Mobile closes in 2025. Accordingly, this Form 4 reports the number of performance share units issuable under the 75% floor, which is 24% of the target award. Another Form 4 would be filed to reflect an increase in the floor to the extent the UScellular transaction with T-Mobile closes in 2025. Performance share units accumulate dividend equivalents (in the form of additional performance share units) which are forfeitable if the performance metrics are not achieved.
Julie D Mathews, by power of atty
2025-05-22