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Lumen Technologies, Inc. — Director's Dealing 2016
Feb 25, 2016
30915_dirs_2016-02-25_a47d39be-2a11-47ca-9d79-ec08e5037d8e.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: 2016-02-23
Reporting Person: Trezise Scott (EVP, Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-23 | Common Stock | A | 22999 | $0.00 | Acquired | 63283 | Direct |
| 2016-02-23 | Common Stock | D | 3803 | $0.00 | Disposed | 59480 | Direct |
| 2016-02-23 | Common Stock | F | 527 | $29.25 | Disposed | 58953 | Direct |
Footnotes
F1: 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, 2019 to the extent that the applicable metric is achieved.
F2: These shares of unvested restricted stock were forfeited due to a failure to achieve a specific level of performance required for vesting.
F3: Shares withheld to cover the taxes due upon the vesting of restricted stock.