Lowell Kevin R 4
4 · UNITED STATES CELLULAR CORP · Filed Mar 7, 2025
Insider Transaction Report
Form 4
Lowell Kevin R
EVP, Chief People Officer
Transactions
- Award
Performance Shares Units
2025-03-03+7,316→ 7,316 total→ Common Shares (7,316 underlying) - Award
Restricted Stock Units
2025-03-03+9,756→ 9,756 total→ Common Shares (9,756 underlying)
Footnotes (2)
- [F1]These restricted stock units were awarded under the United States Cellular Corporation Long-Term Incentive Plan. These restricted stock units will ratably vest on the first, second and third annual anniversaries of the grant date.
- [F2]On March 3, 2025, the reporting person was granted an award based on the achievement of certain performance measures, except that such award provides that in no event shall the number of shares subject to the award be less than 75% of the target opportunity as of the grant date. Accordingly, the reporting person is reporting a stock award of 75% of the target opportunity as of the grant date. To the extent that the actual amount is determined to be greater than 75% of the target opportunity based on the final determination of the performance measures, the reporting person will file a Form 4 at such time to report the additional award above 75% of the target opportunity.