US Cellular 2008 Annual Report Download - page 78
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(5) Represents a distribution of a portion of Mr. Rooney’s account on December 1, 2008. The distribution represented 51,551
gross USM Common Shares, having a value of $1,846,027, based on the closing price at December 1, 2008 of $35.81 per
share. Relating to this amount, $1,570,000 had been reported as bonus and $457,655 had been reported as company match
compensation, for a total of $2,027,655, in the Summary Compensation Table with respect to periods prior to 2006 under
prior SEC rules. The amount distributed is lower than the amounts previously reported due to the decline in the U.S. Cellular
stock price. After deduction of shares for taxes, Mr. Rooney received a net of 31,792 USM Common Shares, having a value
per share of $35.81, plus $24 in cash for a fractional share.
(6) Information relating to amounts included in the above Summary Compensation Table for 2008 is discussed in the above
notes. As required by SEC rules, the following is a summary of the amount of the total deferred compensation balances
reported as compensation in the Summary Compensation Table in prior years, beginning in 2006, which is the first year in
which deferred compensation was reported pursuant to the above table.
John E. Steven T. Jay M. Michael S. Jeffrey J.
Rooney Campbell Ellison Irizarry Childs
SERP Company Contribution .................... $ 68,051 $14,504 $59,857 $45,572 $31,657
Salary Deferral ............................. 298,614 — — — —
Excess Interest ............................. 6,990 — 2,358 35 8
Bonus Deferral ............................. 825,000 — — — —
Company Match ............................ 274,691 — — — —
Total .................................. $1,473,346 $14,504 $62,215 $45,607 $31,665
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