X0303 5 2010-12-31 0 0 0001051512 TELEPHONE & DATA SYSTEMS INC /DE/ TDS 0001195231 CARLSON LEROY T TELEPHONE AND DATA SYSTEMS, INC. 30 N. LASALLE ST., STE. 4000 CHICAGO IL 60602 1 1 0 0 Chairman Emeritus Common Shares 57848.9499 D Common Shares 2010-12-31 5 J 0 289.27 A 5330.23 I By 401k plan Special Common Shares 2010-12-31 5 J 0 22.95 D 2922.55 I By 401K plan Special Common Shares 219234.79 I By Voting Trust Special Common 7129.8 D Special Common Shares 9471.45 I By wife Option (Right to buy) 99.44 2001-12-15 2011-04-30 Tandem Common and Special Common Shares 15590 15590 D Option (Right to buy) 59.00 2002-12-15 2012-07-05 Tandem Common and Special Common Shares 22170 22170 D Option (Right to buy) 52.92 2003-12-15 2013-07-03 Tandem Common and Special Common Shares 23605 23605 D Option (Right to buy) 66.00 2004-12-15 2014-05-08 Tandem Common and Special Common Shares 22475 22475 D Option (Right to buy) 77.36 2005-12-15 2015-04-20 Tandem Common and Special Common Shares 26531 26531 D Option (Right to buy) 38.00 2006-12-15 2016-06-19 Special Common Shares 61127 61127 D Option (Right to buy) 59.45 2007-12-15 2017-07-02 Special Common Shares 36116 36116 D Option (Right to buy) 35.35 2018-08-26 Special Common Shares 41500 41500 D Option (Right to buy) 26.95 2019-05-21 Special Common Shares 42200 42200 D Option (Right to buy) 26.66 2020-05-25 Special Common Shares 39900 39900 D Restricted Stock Units 2011-12-15 Special Common Shares 8281 8281 D Restricted Stock Units 2012-12-15 Special Common Shares 7500 7500 D Series A Common Shares Common Shares or Special Common Shares 55427.2413 55427.2413 I By wife Series A Common shares Common Shares or Special Common Shares 224099.49 224099.49 I By Voting Trust Deferred Compensation 2010-12-31 5 J 0 383.761 A Common Shares 31553.8 31553.8 D Deferred Compensation 2010-12-31 5 J 0 905.762 A Special Common Shares 67920.63 67920.63 D Series A Common shares are convertible, on a share-for-share basis, into common or special common shares. Beneficial ownership of shares held in Voting Trust. Reporting person disclaims ownership of 190,786.15 (including 39,514.15 shares acquired pursuant to a dividend reinvestment plan) owned by wife. Includes 6659.34 shares acquired pursuant to a dividend reinvestment plan. Voluntary reporting of shares acquired in 2010 in the TDS 401K. The information is based on a plan statement dated 12/31/10. The number of shares fluctuates and is attributable to the price of the shares on 12/31/10. Reporting 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 12/31/10 were 31,553.80. Common shares were granted without consideration under the long term incentive plan. As a result of the special common stock dividend, all options to purchase common shares as of May 13 under the long term incentive plan, whether vested or unvested, were adjusted into tandem options. The tandem option provides that upon exercise, the optionee purchases the number common shares orginally subject to the option plus an equal number of special common. Reporting 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. Special common share units vested at 12/31/10 were 66,098.81. Beneficial ownership of shares held in Voting Trust. Reporting person disclaims ownership of 189,871.24 (including 38,599.24 shares acquired pursuant to a dividend reinvestment plan) owned by wife. Includes 2709.55 shares acquired pursuant to a dividend reinvestment plan. Granted 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. Granted 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. Restricted stock unit award pursuant to the Long Term Incentive Plan. Stock units will become vested on December 15, 2011. Restricted stock unit award pursuant to the Long Term Incentive Plan. Stock units will become vested on December 15, 2012. Julie D. Mathews, by power of atty 2011-01-21