---
schema_version: "secwatch.filing_event.v1"
accession: "0000821130-23-000052"
form_type: "8-K"
ticker: "AD"
cik: "0000821130"
company_name: "ARRAY DIGITAL INFRASTRUCTURE, INC."
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:39:44.841500+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# UScellular amends LTIP awards to accelerate vesting upon strategic transactions or qualifying terminations

## Summary
- Amends 2022 and 2013 LTIP awards to provide full acceleration if awards not continued/substituted/assumed in strategic transaction.
- Full vesting also triggered by termination without cause or for good reason within 24 months after a Change in Control or Qualifying Transaction.
- Change in Control includes sale of ≥50% of assets significantly altering business; Qualifying Transaction defined for partial asset sales.
- CEO Laurent Therivel's Initial Accomplishment Award partially excluded from Change in Control provisions.
- Follows Aug 4, 2023 announcement of strategic alternatives review; amendment effective Dec 4, 2023.

## SEC filing metadata
- accession: 0000821130-23-000052
- form_type: 8-K
- ticker: AD
- cik: 0000821130
- company_name: ARRAY DIGITAL INFRASTRUCTURE, INC.
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821130/000082113023000052/0000821130-23-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821130/000082113023000052/usm-20231204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821130-23-000052
- JSON: https://secwatch.observer/filing/0000821130-23-000052.json
- Plain text: https://secwatch.observer/filing/0000821130-23-000052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.