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Lumen Technologies, Inc. — Director's Dealing 2020
Feb 28, 2020
30915_dirs_2020-02-28_c584e027-f454-4a8b-bc8b-815cfb7009da.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: 2020-02-26
Reporting Person: Trezise Scott (EVP, Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-26 | Common Stock | A | 71185 | $0.00 | Acquired | 276245 | Direct |
| 2020-02-26 | Common Stock | A | 11469 | $0.00 | Acquired | 287714 | Direct |
| 2020-02-26 | Common Stock | F | 14165 | $12.75 | Disposed | 273549 | Direct |
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, 2021. Vesting of the performance-based portion is dependent upon the extent to which two three-year performance metrics are achieved, with any earned shares vesting on March 1, 2023.
F2: Represents the aggregate number of additional shares earned under the terms of two grants of performance-based restricted stock for which the performance period ended on 12/31/2019, as certified by the Human Resources and Compensation Committee.
F3: Shares withheld to cover the taxes due upon the vesting of restricted stock.