0001120437-23-000031.txt : 20230222 0001120437-23-000031.hdr.sgml : 20230222 20230222150550 ACCESSION NUMBER: 0001120437-23-000031 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230220 FILED AS OF DATE: 20230222 DATE AS OF CHANGE: 20230222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DeWitt Daniel J. CENTRAL INDEX KEY: 0001694587 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14157 FILM NUMBER: 23652739 MAIL ADDRESS: STREET 1: 30 N. LASALLE STREET, 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] 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 wf-form4_167709633814530.xml FORM 4 X0306 4 2023-02-20 0 0001051512 TELEPHONE & DATA SYSTEMS INC /DE/ TDS 0001694587 DeWitt Daniel J. 30 N. LASALLE STREET, SUITE 4000 CHICAGO IL 60602 0 1 0 0 SVP of Human Resources Common 2023-02-20 4 M 0 7650 0 A 28522 D Common 2023-02-20 4 F 0 2575 13.70 D 25947 D On May 21, 2020, the reporting person was granted financial-based performance share units that would be measured over a three year time period. The payout could be increased to 200% of target or reduced to 0% based on achievement of the key metrics. The performance share units have been accumulating quarterly dividend equivalents. Based on company performance over the three period ending on December 31, 2022, the Compensation Committee certified on February 20, 2023 that the reporting person was entitled to 67.9% of his target opportunity. Shares withheld to pay taxes The market was closed on February 20, 2023, therefore the previous trading day's close, February 17, 2023 was used to value the transaction. Julie D. Mathews, by power of atty 2023-02-22