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Lumen Technologies, Inc. — Director's Dealing 2018
Feb 23, 2018
30915_dirs_2018-02-23_0b61736a-94a5-4690-9260-2d6f5afb3dae.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: 2018-02-21
Reporting Person: Trezise Scott (EVP, Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-21 | Common Stock | F | 1633 | $17.90 | Disposed | 227298 | Direct |
| 2018-02-21 | Common Stock | A | 40483 | $0.00 | Acquired | 267781 | Direct |
| 2018-02-21 | Common Stock | D | 4650 | $0.00 | Disposed | 263131 | Direct |
Footnotes
F1: Shares withheld to cover the taxes due upon the vesting of time-based restricted stock.
F2: 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. Vesting of the performance-based portion is dependent upon the extent to which the two-year performance metric is achieved, with any earned shares vesting in two equal installments on February 21 of each of 2020 and 2021.
F3: These shares of unvested restricted stock were forfeited due to a failure to achieve a specific level of performance required for vesting.