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Lumen Technologies, Inc. — Director's Dealing 2019
Mar 5, 2019
30915_dirs_2019-03-04_7a2d7640-f205-4c40-8cf8-2a8287c0d888.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: 2019-02-28
Reporting Person: MORTENSEN ERIC (SVP & Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-28 | Common Stock | A | 32043 | $0.00 | Acquired | 183357 | Direct |
| 2019-03-01 | Common Stock | F | 1318 | $12.97 | Disposed | 182039 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10114 | Indirect |
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 on March 1, 2020. 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 March 1 of each of 2021 and 2022.
F2: Shares withheld to cover the taxes due upon the vesting of restricted stock units.
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