0001120437-21-000004.txt : 20210105 0001120437-21-000004.hdr.sgml : 20210105 20210105172146 ACCESSION NUMBER: 0001120437-21-000004 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201231 FILED AS OF DATE: 20210105 DATE AS OF CHANGE: 20210105 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CARLSON LEROY T JR CENTRAL INDEX KEY: 0000901731 FILING VALUES: FORM TYPE: 5 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14157 FILM NUMBER: 21507174 MAIL ADDRESS: STREET 1: C/O TDS STREET 2: 30 N. LASALLE ST #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] 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 5 1 wf-form5_160988529018528.xml FORM 5 X0306 5 2020-12-31 0 0 0 0001051512 TELEPHONE & DATA SYSTEMS INC /DE/ TDS 0000901731 CARLSON LEROY T JR 30 N. LASALLE ST., STE. 4000 CHICAGO IL 60602 1 1 0 0 President and CEO Common Shares 2020-06-08 5 G 0 4528 0 D 241894 D Common Shares 2020-08-06 5 G 0 211758 0 D 30136 D Common Shares 2020-12-13 5 G 0 21800 0 D 12467 D Common Shares 2020-08-06 5 G 0 211758 0 A 211758 I By trust Common 78943 I By Trust Common Shares 518 I By wife Common Shares 21552 I By 401K Common Shares 1874514 I By Voting Trust Option (Right to Buy) 29.94 2021-05-13 Common Shares 230000.0 230000 D Option (Right to Buy) 20.79 2022-05-16 Common Shares 309200.0 309200 D Option (Right to Buy) 22.6 2023-05-10 Common Shares 186000.0 186000 D Option (Right to Buy) 26.83 2024-05-16 Common Shares 225000.0 225000 D Option (Right to Buy) 29.26 2025-05-11 Common Shares 236100.0 236100 D Option (Right to Buy) 29.45 2026-08-15 Common Shares 53800.0 53800 D Option (Right to Buy) 27.79 2027-05-24 Common Shares 39700.0 39700 D Option (Right to Buy) 25.7 2028-05-22 Common Shares 18320.0 18320 D Option (Rigft to Buy) 30.72 2029-05-22 Common Shares 33624.0 33624 D Option (Right to Buy) 19.15 2023-05-21 2030-05-21 Common Shares 77100.0 77100 D Restricted Stock Units 2021-05-23 Common Shares 57261.0 57261 D Restricted Stock Units 2022-05-22 Common Shares 60630.0 60630 D Restricted Stock Units 2023-05-21 Common 82507.0 82507 D Series A Common Shares Common Shares 2042841.0 2042841 I By Voting Trust Deferred Compensation Common Shares 62019.0 62019 D Series A Common Shares 2020-08-06 5 G 0 10561.9846 0 D Common Shares 10561.9846 0 D Series A Common Shares 2020-08-06 5 G 0 10561.9846 0 A Common Shares 10561.9846 10561.9846 I By Trust Series A Common Shares Common Shares 11424.0 11424 I By Trust Series A Common Shares Common Shares 297.0 297 I By Wife Includes 3768 shares owned by children. Reporting person disclaims beneficial ownership of shares owned by children. Shares gifted to a trust, the trustee of which is a third party and the beneficiaries of which include the spouse and descendants of the reporting person Voluntary report of shares held in trust, the trustee of which is a third party and beneficiaries of which include the spouse and descendants Voluntary report of shares held in trust, the trustee of which is a third party and beneficiaries of which the descendants of the reporting person and his spouse Voluntary reporting of shares in the TDS 401K. The information is based on a plan statement dated 12/31/20. The number of shares fluctuates and is attributable to the price of the shares on 12/31/20. Reporting person is one of four trustees which is record owner of these shares which files its holdings on forms 4. Of these Common shares, 119,665 shares are held as custodian for children, 163,967 are held by spouse, 374,126 are held by a family limited partnership, 89,679 shares through a marital trust, 105,942 are held in a LLC of which the reporting person is the sole voting member, 689,904 shares are held by a family partnership of which reporting person is a general partner, and 30,338 shares that reporting person is trustee of trusts which his children beneficially own shares in the trusts. Also includes 60,321 shares in a trust, the trustee of which is a third party & the beneficiaries include the descendents of the reporting person & his spouse. 63,841 shares are owned by individual reporting person. Reporting person's wife's GRAT owns 176,731. Reporting person disclaims beneficial ownership of shares held for the benefit of persons other than the reporting person. On August 10, 2020 the reporting person's spouse's GRAT transferred voting trust certificates representing 48,961 shares to the spouse individually. The reporting person previous reported all securities held by spouse and spouse's GRAT. Accordingly, the transfer did not result in the change in the number of securities reported as beneficially owned by reporting person. Granted under the 2004 Long-Term Incentive Plan. Options vest over a 3 year period with one-third becoming exercisable on the first anniversary, one-third on the second anniversary and one-third becoming exercisable on the third anniversary. Granted under the 2011 Long Term Incentive Plan. Options vest over a 3 year period with one-third becoming exercisable on the first anniversary, one-third on the second anniversary and one-third becoming exercisable on the third anniversary. Vests on the third anniversary Restricted stock unit award pursuant to the 2011 Long Term Incentive Plan. Stock units will become vested on third anniversary. Series A Common shares are convertible, on a share-for-share basis, into common shares. Reporting person is one of four trustees which is record owner of these shares which files its holdings on forms 4. Of these Series A Common shares, 129,799 are held as custodian for children and 10,983 are held by spouse, and 751,789 shares are held by a family partnership of which reporting person is a general partner and 32,779 that reporting person is trustee of trusts which his children beneficially own the shares in the trusts. Of the remaining shares, 3,870 are owned in individual reporting person's name. In addition, 1,113,621 Series A common Shares owned by family limited partnerships. Reporting person disclaims beneficial ownership of shares held for the benefit of persons other than the reporting person. Reporting person deferred bonuses pursuant to the TDS Long Term Incentive Plans. Employer matches vest ratably at a rate of 33%, 33%, 34% over three years. A total of 59,866 common shares units were vested at 12/31/20. Julie D. Mathews, by power of atty 2021-01-05