US Cellular 2008 Annual Report Download - page 80
Download and view the complete annual report
Please find page 80 of the 2008 US Cellular annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
 |
 |
constructive termination of a named executive officer, or a Change in Control or a change in the named
executive officer’s responsibilities. However, in accordance with SEC regulations, the following does not
report any amount to be provided to a named executive officer under any arrangement that does not
discriminate in scope, terms, or operation in favor of our executive officers and which is available
generally to all employees. Also, the following table does not repeat information disclosed above under
the Nonqualified Deferred Compensation table or the Outstanding Equity Awards at Fiscal Year-End
table, except to the extent that the amount payable to the named executive officer would be enhanced or
accelerated by the termination event.
The following table provides quantitative disclosure, assuming that the triggering event took place on
December 31, 2008, the last business day of 2008 and, if applicable, that the price per share of the
registrant’s securities is the closing market price as of December 31, 2008. All of John E. Rooney’s
awards granted prior to 2009 other than bonus match awards have vested pursuant to his agreement
with U.S. Cellular. See footnote (1) to the below table. The vesting of his bonus match units will
accelerate in the event of a qualified disability, qualified retirement, death or, upon approval by the board
of directors, a Change in Control. With respect to the other officers, the following represent additional
payments that may become due as a result of the acceleration of the vesting of stock options and/or
restricted stock units and/or bonus match units upon the following triggering events: (i) a qualified
disability (for restricted stock units and bonus match units but not stock options), (ii) a qualified
retirement, (iii) a Change in Control (as defined above, and upon approval by the board of directors) and
(iv) death (for restricted stock units and bonus match units but not stock options) (collectively,
‘‘Triggering Events’’). No such additional payments would be made in the event of any other termination
of employment or service. In addition, the below table identifies all other payments that may be made
pursuant to agreements, if any.
73