Lumen Technologies, Inc. — Director's Dealing 2015

May 27, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTURYLINK, INC (CTL)
CIK: 0000018926
Period of Report: 2015-05-23

Reporting Person: Moreau Maxine L (EVP, Global Ops & Shared Svcs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-23	Common Stock	F	582	$33.95	Disposed	48023	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1207	Indirect
Common Stock	850	Indirect
Common Stock	2	Indirect

Footnotes

F1: Shares withheld to cover the taxes due upon the vesting of restricted stock.

F2: Includes 4,137 shares held in the Issuer's ESPP for the benefit of the Reporting Person as of the date of this report.

F3: This is a legacy defined contribution plan sponsored by the Issuer.