Supplemental Cash Flow Disclosures

6 Months Ended

Jun. 30, 2012

Disclosure Text Block

Supplemental Cash Flow Disclosures

13. Supplemental Cash Flow Disclosures

Following are supplemental cash flow disclosures regarding transactions related to stock-based compensation awards:

		Six Months Ended
		June 30,
		2012			2011
(Dollars and shares in thousands)
Common Shares withheld (1)			78			120
Aggregate value of Common Shares withheld		$	3,076		$	5,940
Cash receipts upon exercise of stock options		$	627		$	4,764
Cash disbursements for payment of taxes (2)			(3,092	)		(3,500	)
Net cash receipts (disbursements) from exercise of stock
	options and vesting of other stock awards	$	(2,465	)	$	1,264

• Such shares were withheld to cover the exercise price of stock options, if applicable, and required tax withholdings.
• In certain situations, U.S. Cellular withholds shares that are issuable upon the exercise of stock options or the vesting of restricted shares to cover, and with a value equivalent to, the exercise price and/or the amount of taxes required to be withheld from the stock award holder at the time of the exercise or vesting. U.S. Cellular then pays the amount of the required tax withholdings to the taxing authorities in cash.