FORM 8-K

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): January 13, 2012

 

TELEPHONE AND DATA SYSTEMS, INC.

(Exact name of registrant as specified in their charter)

 

Delaware

 

001-14157

 

36-2669023

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

30 North LaSalle Street, Suite 4000, Chicago, Illinois

 

60602

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:  (312) 630-1900

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 5.07                                             Submission of Matters to a Vote of Security Holders.

 

At an adjourned special meeting of shareholders of Telephone and Data Systems, Inc. (“TDS”) held on January 13, 2012, the following number of votes were cast for the following resolutions by shareholders.  On January 13, 2012, TDS issued a press release to disclose the voting results, a copy of which is attached as Exhibit 99.1 hereto and incorporated by reference herein.

 

1.         Revised Share Consolidation Amendment - Statutory Vote.

 

This proposal received the following votes and was approved:

 

 

 

For

 

Against

 

Abstain

 

Non Vote

 

Total
Represented

 

Not
Represented

 

Total
Outstanding

 

Series A Common Shares

 

63,528,498

 

243

 

 

 

63,528,741

 

1,853,019

 

65,381,760

 

Common Shares

 

38,873,410

 

4,485,235

 

301,497

 

 

43,660,142

 

6,302,631

 

49,962,773

 

Preferred Shares

 

15

 

 

 

 

15

 

8,285

 

8,300

 

Total Voting Power

 

102,401,923

 

4,485,478

 

301,497

 

 

107,188,898

 

8,163,935

 

115,352,833

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class Vote Common Shares

 

38,873,410

 

4,485,235

 

301,497

 

 

43,660,142

 

6,302,631

 

49,962,773

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class Vote Special Common Shares

 

36,192,246

 

4,132,321

 

156,103

 

 

40,480,670

 

6,405,379

 

46,886,049

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class Vote Series A Common Shares

 

63,528,498

 

243

 

 

 

63,528,741

 

1,853,019

 

65,381,760

 

 

2.         Revised Share Consolidation Amendment - Ratification Vote.

 

This proposal received the following votes and was approved:

 

 

 

For

 

Against

 

Abstain

 

Non Vote

 

Total
Represented

 

Not
Represented

 

Total
Outstanding

 

Common Shares

 

38,823,515

 

4,512,406

 

324,221

 

 

43,660,142

 

6,302,631

 

49,962,773

 

Less Affiliated

 

(136,383

)

 

 

 

(136,383

)

(18,399

)

(154,782

)

Unaffiliated

 

38,687,132

 

4,512,406

 

324,221

 

 

43,523,759

 

6,284,232

 

49,807,991

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Special Common Shares

 

36,174,276

 

4,135,012

 

171,382

 

 

40,480,670

 

6,405,379

 

46,886,049

 

Less Affiliated

 

(6,399,146

)

 

 

 

(6,399,146

)

(12,368

)

(6,411,514

)

Unaffiliated

 

29,775,130

 

4,135,012

 

171,382

 

 

34,081,524

 

6,393,011

 

40,474,535

 

 

2



 

3.         Revised Vote Amendment - Statutory Vote.

 

This proposal received the following votes and was approved:

 

 

 

For

 

Against

 

Abstain

 

Non Vote

 

Total
Represented

 

Not
Represented

 

Total
Outstanding

 

Series A Common Shares

 

63,528,498

 

243

 

 

 

63,528,741

 

1,853,019

 

65,381,760

 

Common Shares

 

38,820,217

 

4,537,455

 

302,470

 

 

43,660,142

 

6,302,631

 

49,962,773

 

Preferred Shares

 

15

 

 

 

 

15

 

8,285

 

8,300

 

Total Voting Power

 

102,348,730

 

4,537,698

 

302,470

 

 

107,188,898

 

8,163,935

 

115,352,833

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class Vote Common Shares

 

38,820,217

 

4,537,455

 

302,470

 

 

43,660,142

 

6,302,631

 

49,962,773

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class Vote Series A Common Shares

 

63,528,498

 

243

 

 

 

63,528,741

 

1,853,019

 

65,381,760

 

 

4.         Revised Vote Amendment - Ratification Vote.

 

This proposal received the following votes and was approved:

 

 

 

For

 

Against

 

Abstain

 

Non Vote

 

Total
Represented

 

Not
Represented

 

Total
Outstanding

 

Common Shares

 

38,811,252

 

4,522,102

 

326,788

 

 

43,660,142

 

6,302,631

 

49,962,773

 

Less Affiliated

 

(136,383

)

 

 

 

(136,383

)

(18,399

)

(154,782

)

Unaffiliated

 

38,674,869

 

4,522,102

 

326,788

 

 

43,523,759

 

6,284,232

 

49,807,991

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Special Common Shares

 

36,082,426

 

4,136,585

 

261,659

 

 

40,480,670

 

6,405,379

 

46,886,049

 

Less Affiliated

 

(6,399,146

)

 

 

 

(6,399,146

)

(12,368

)

(6,411,514

)

Unaffiliated

 

29,683,280

 

4,136,585

 

261,659

 

 

34,081,524

 

6,393,011

 

40,474,535

 

 

5.         Ancillary Amendment.

 

This proposal received the following votes and was approved:

 

 

 

For

 

Against

 

Abstain

 

Non Vote

 

Total
Represented

 

Not
Represented

 

Total
Outstanding

 

Series A Common Shares

 

63,528,498

 

243

 

 

 

63,528,741

 

1,853,019

 

65,381,760

 

Common Shares

 

43,147,022

 

200,076

 

313,044

 

 

43,660,142

 

6,302,631

 

49,962,773

 

Preferred Shares

 

15

 

 

 

 

15

 

8,285

 

8,300

 

Total Voting Power

 

106,675,535

 

200,319

 

313,044

 

 

107,188,898

 

8,163,935

 

115,352,833

 

 

3



 

6.         Revised 2011 Long-Term Incentive Plan.

 

This proposal received the following votes and was approved:

 

 

 

For

 

Against

 

Abstain

 

Total Votes
that could be
Cast and
Present or
Represented

 

Non Vote

 

Total
Represented

 

Not
Represented

 

Total
Outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series A Common Shares

 

62,840,681

 

688,060

 

 

63,528,741

 

 

63,528,741

 

1,853,019

 

65,381,760

 

Common Shares

 

39,134,629

 

3,609,348

 

916,165

 

43,660,142

 

 

43,660,142

 

6,302,631

 

49,962,773

 

Preferred Shares

 

15

 

 

 

15

 

 

15

 

8,285

 

8,300

 

Total Voting Power

 

101,975,325

 

4,297,408

 

916,165

 

107,188,898

 

 

107,188,898

 

8,163,935

 

115,352,833

 

 

7.         Compensation Plan for Non-Employee Directors.

 

This proposal received the following votes and was approved:

 

 

 

For

 

Against

 

Abstain

 

Total Votes
that could be
Cast and
Present or
Represented

 

Non Vote

 

Total
Represented

 

Not
Represented

 

Total
Outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series A Common Shares

 

62,840,438

 

688,303

 

 

63,528,741

 

 

63,528,741

 

1,853,019

 

65,381,760

 

Common Shares

 

41,786,242

 

1,017,040

 

856,860

 

43,660,142

 

 

43,660,142

 

6,302,631

 

49,962,773

 

Preferred Shares

 

15

 

 

 

15

 

 

15

 

8,285

 

8,300

 

Total Voting Power

 

104,626,695

 

1,705,343

 

856,860

 

107,188,898

 

 

107,188,898

 

8,163,935

 

115,352,833

 

 

8.         Revised Adjournment Proposal.

 

This proposal received the following votes and was approved:

 

 

 

For

 

Against

 

Abstain

 

Total Votes
that could be
Cast and
Present or
Represented

 

Non Vote

 

Total
Represented

 

Not
Represented

 

Total
Outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series A Common Shares

 

63,528,741

 

 

 

63,528,741

 

 

63,528,741

 

1,853,019

 

65,381,760

 

Common Shares

 

33,127,763

 

10,120,392

 

411,987

 

43,660,142

 

 

43,660,142

 

6,302,631

 

49,962,773

 

Preferred Shares

 

15

 

 

 

15

 

 

15

 

8,285

 

8,300

 

Total Voting Power

 

96,656,519

 

10,120,392

 

411,987

 

107,188,898

 

 

107,188,898

 

8,163,935

 

115,352,833

 

 

Although Proposal 8 was adopted by the shareholders, Proposal 8 was not implemented because Proposals 1-4 were approved by the shareholders at the meeting.

 

Item 9.01                                             Exhibits.

 

(d)                                 Exhibits:

 

In accordance with the provisions of Item 601 of Regulation S-K, any Exhibits included in this Form 8-K are identified on the Exhibit Index attached hereto.

 

4



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on their behalf by the undersigned, thereto duly authorized.

 

 

Telephone and Data Systems, Inc.

 

 

(Registrant)

 

 

 

 

 

Date:

January 18, 2012

 

 

 

 

 

 

 

 

 

 

By:

/s/ Douglas D. Shuma

 

 

 

Douglas D. Shuma

 

 

 

Senior Vice President and Controller

 

 

 

5



 

EXHIBIT INDEX

 

The following exhibits are filed or furnished herewith as noted below.

 

Exhibit
No.

 

Description

 

 

 

99.1

 

Press Release dated January 13, 2012

 

 

 

99.2

 

Private Securities Litigation Reform Act of 1995 Safe Harbor Cautionary Statement

 

6