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: STOREY JEFFREY K (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-28	Common Stock	A	358884	$0.00	Acquired	3114430	Direct
2019-02-28	Common Stock	A	325554	$0.00	Acquired	3439984	Direct
2019-03-01	Common Stock	F	46625	$12.97	Disposed	3393359	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5537	Indirect

Footnotes

F1: The Reporting Person received a grant of restricted stock units (40% time-based and 60% performance-based). The reported transaction represents the time-based portion of this grant, which will vest in three equal annual installments beginning on March 1, 2020. In accordance with Section 16 rules, the performance-based portion will be reported when and to the extent the underlying shares are earned.

F2: Represents additional shares earned under the terms of a grant of performance-based restricted stock.

F3: Shares withheld to cover the taxes due upon the vesting of restricted stock units.