Lumen Technologies, Inc. — Director's Dealing 2010

Mar 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTURYTEL INC (CTL)
CIK: 0000018926
Period of Report: 2010-02-27

Reporting Person: Huber Dennis G (Ex. VP - Network & Info. Tech.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-27	Common Stock	M	8674	—	Acquired	39438	Direct
2010-02-27	Common Stock	F	2728	$34.27	Disposed	36710	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-27	Restricted Stock Units	$0	M	8674	Disposed		Common Stock (8674)	Direct

Footnotes

F1: Upon vesting of restricted stock units, an equivalent number of shares of CenturyTel common stock were delivered to the reporting person.

F2: Represents shares withheld by CenturyTel, Inc. to satisfy minimum statutory withholding requirements upon vesting of restricted stock units.

F3: These restricted stock units vest and underlying shares will be delivered to reporting person with 34% vesting on February 27, 2010, 33% vesting on February 27, 2011 and 33% vesting on February 27, 2012.