Lumen Technologies, Inc. — Director's Dealing 2018

May 25, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTURYLINK, INC (CTL)
CIK: 0000018926
Period of Report: 2018-05-23

Reporting Person: POST GLEN F III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-23	Common Stock	D	245787	$0.00	Disposed	1656132	Direct
2018-05-23	Common Stock	F	130969	$19.01	Disposed	1525163	Direct
2018-05-24	Common Stock	A	8744	$0.00	Acquired	1533907	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17432	Indirect
Common Stock	45317	Indirect
Common Stock	12896	Indirect
Common Stock	110905	Indirect

Footnotes

F1: These shares of unvested restricted stock were forfeited upon the Reporting Person's retirement.

F2: Shares withheld to cover the taxes due upon the vesting of time-based restricted stock.

F3: This grant of restricted stock will vest on May 24, 2019.

F4: Includes 1,402 shares held in the Issuer's ESPP for the benefit of the Reporting Person as of the date of this report.

F5: This is a legacy defined contribution plan sponsored by the Issuer.