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Lumen Technologies, Inc. Director's Dealing 2015

Feb 24, 2015

30915_dirs_2015-02-24_f7728d4b-fc71-4640-82be-d5eefae98d86.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTURYLINK, INC (CTL)
CIK: 0000018926
Period of Report: 2015-02-20

Reporting Person: Varma Girish (President, Global IT Services)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-02-20 Common Stock F 1995 $37.02 Disposed 48128 Direct
2015-02-20 Common Stock D 8626 Disposed 39502 Direct
2015-02-23 Common Stock A 17552 Acquired 57054 Direct

Footnotes

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

F2: On February 20, 2015 these shares of unvested restricted stock were forfeited due to a failure to achieve the applicable performance vesting condition.

F3: Represents a grant of restricted stock (40% time-based and 60% performance-based). The time-based portion will vest in three equal annual installments beginning one year from the date of grant. The performance-based portion is divided among two separate three-year performance metrics, which will vest on February 23, 2018 to the extent that the applicable metric is achieved.