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Lumen Technologies, Inc. — Director's Dealing 2004
Feb 27, 2004
30915_dirs_2004-02-27_8864a1b7-a4ad-45e1-97ef-003193fd87cb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CENTURYTEL INC (CTL)
CIK: 0000018926
Period of Report: 2004-02-25
Reporting Person: POST GLEN F III (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2004-02-25 | Common Stock | A | 46800 | — | Acquired | 140005.64 | Direct |
| 2004-02-25 | Common Stock | M | 1405 | — | Acquired | 141410.64 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2004-02-25 | Employee Stock Option (right to buy) | $28.34 | A | 160000 | Acquired | 2004-02-25 | Common Stock (160000.00) | Direct |
| 2004-02-25 | Performance Shares.99 | $0.00 | M | 3636 | Disposed | Common Stock (3636.00) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6370.44 | Indirect |
| Common Stock | 18853.86 | Indirect |
| Common Stock | 5697.40 | Indirect |
| Common Stock | 48871.45 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $16.05 | 2005-05-22 | Common Stock (94015.00) | 94015.00 | Direct |
| Employee Stock Option (right to buy) | $17.64 | 2005-05-22 | Common Stock (105214.00) | 105214.00 | Direct |
| Employee Stock Option (right to buy) | $13.50 | 2007-02-24 | Common Stock (197983.00) | 197983.00 | Direct |
| Employee Stock Option (right to buy) | $34.63 | 2010-02-21 | Common Stock (320000.00) | 320000.00 | Direct |
| Employee Stock Option (right to buy) | $28.03 | 2011-05-21 | Common Stock (320000.00) | 320000.00 | Direct |
| Employee Stock Option (right to buy) | $32.99 | 2012-02-25 | Common Stock (320000.00) | 320000.00 | Direct |
| Employee Stock Option (right to buy) | $27.48 | 2013-02-24 | Common Stock (320000.00) | 320000.00 | Direct |
| Phantom Stock Units | $0.00 | Common Stock (13566.70) | 13566.70 | Direct |
Footnotes
F1: Represents the number of shares earned under the performance shares granted in 1999, based on the Company's total shareholder return over a five year period compared to other telecommunications companies.
F2: As of most recent statement available
F3: As of December 31, 2002, the most recent statement available.
F4: As of December 31, 2002, the most recent statement available.
F5: As of December 31, 2002, the most recent statement available.
F6: One-third of the options are exercisable immediately, one-third are exercisable 2/25/05, and one-third are exercisable 2/25/06.
F7: Security converts on a one for one basis.
F8: The award vests based upon the Company's total shareholder return over a five year period compared to the other companies included in an index of telecommunications companies.
F9: Exercisable as soon as practicable after December 31, 2003.
F10: One-third of the Stock Options are exercisable immediately, one-third are exercisble on 2/24/98, and one-third are exercisable on 2/24/99.
F11: One-third of the Stock Options are exercisable 2/21/2001, one-third are exercisable on 2/21/2002, and one-third are exercisable on 2/21/2003.
F12: One-third of the Stock Options are exercisable 5/21/02, one-third are exercisable 5/21/03, and one-third are exercisable 5/21/04.
F13: One-third of the Stock Options are exercisable 2/25/03, one-third are exercisable 2/25/04, and one-third are exercisable 2/25/05.
F14: One-third of the Stock Options are exercisable 2/24/04, one-third are exercisable 2/24/05, and one-third are exercisable 2/24/06.
F15: Security converts on a 1-to-1 basis.
F16: The reported phantom stock units were acquired under CTE's excess benefit plan and will be settled upon the reporting person's termination of service.