Lumen Technologies, Inc. — Director's Dealing 2019

Mar 5, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTURYLINK, INC (CTL)
CIK: 0000018926
Period of Report: 2019-02-28

Reporting Person: GOFF STACEY W (EVP & GC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-28	Common Stock	A	142415	$0.00	Acquired	582339	Direct
2019-02-28	Common Stock	D	6001	$0.00	Disposed	576338	Direct
2019-02-28	Common Stock	F	6768	$13.19	Disposed	569570	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2912	Indirect
Common Stock	4021	Indirect
Common Stock	887	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: 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.

F4: This is a legacy defined contribution plan sponsored by the Issuer.