United States Cellular Corporat (UZD) Form 4 UNITED STATES CELLULAR / Deirdre Drake ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Drake Deirdre

(Last) (First) (Middle)

8410 W. BRYN MAWR

(Street)

CHICAGO IL 606031

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UNITED STATES CELLULAR CORP [ USM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP-Chief HR Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/16/2018

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	10/16/2018		M		18,075	A	$40.8	18,075	D
Common Shares	10/16/2018		F(1)		16,015	D	$48.64	2,060	D
Common Shares	10/16/2018		M		10,691	A	$36.42	12,751	D
Common Shares	10/16/2018		F(3)		8,792	D	$48.64	3,959	D
Common Shares	10/16/2018		M		17,250	A	$45.87	21,209	D
Common Shares	10/16/2018		F(4)		16,555	D	$48.64	4,654	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Shares	$40.8	10/16/2018		M			18,075	(2)	04/15/2024	Common Shares	18,075	(2)	0	D
Common Shares	$36.42	10/16/2018		M			10,691	(2)	04/01/2025	Common Shares	10,691	(2)	0	D
Common Shares	$45.87	10/16/2018		M			17,250	(2)	04/01/2026	Common Shares	17,250	(2)	0	D

Explanation of Responses:

1. Shares withheld to pay for exercise price (15,162 shares) and tax liability (854 shares)

2. Currently exercisable

3. Shares withheld to pay for exercise price (8,005 shares) and tax liability (787 shares)

4. Shares withheld to pay for exercise price (16,268 shares) and tax liability (288 shares)

Remarks:

	Julie D. Mathews, by power of atty	10/18/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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