Therivel Laurent C 4
4 · UNITED STATES CELLULAR CORP · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Therivel Laurent C
DirectorPresident and CEO
Transactions
- Award
Performance Shares Units
2025-02-19+100,307→ 100,307 total→ Common Shares (100,307 underlying) - Award
Performance Shares Units
2025-02-19+11,720→ 66,656 total→ Common Shares (11,720 underlying)
Footnotes (2)
- [F1]On April 4, 2022 reporting person was granted an award based on achievement of certain performance measures and, effective November 27, 2023, the award was adjusted by the Long-Term Incentive Compensation Committee (LTICC) to provide for a payout at no less than 75% of the target opportunity of such award. Based on company performance at December 31, 2024, the LTICC certified on February 19, 2025 that the reporting person was entitled to 91% of his target opportunity. Performance share units are now adjusted for performance and are time-based and vest on April 4, 2025. Each performance share unit represents the contingent right to receive one common share.
- [F2]On March 4, 2024, the reporting person was granted an award based on the achievement of certain performance measures. Based on company performance at December 31, 2024, the Long-Term Incentive Compensation Committee certified on February 19, 2025 that the reporting person was entitled to 145.9% of his target opportunity. Performance share units are now adjusted for performance and are time-based and vest on March 4, 2027.