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Lumen Technologies, Inc. — Director's Dealing 2020
Feb 28, 2020
30915_dirs_2020-02-28_cb507059-a2b9-431a-9b1f-8fef8a39bb22.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: STOREY JEFFREY K (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-26 | Common Stock | A | 358772 | $0.00 | Acquired | 3502003 | Direct |
| 2020-02-26 | Common Stock | A | 629428 | $0.00 | Acquired | 4131431 | Direct |
| 2020-02-26 | Common Stock | F | 126647 | $12.75 | Disposed | 4004784 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5994 | 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, 2021. 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 the total number of shares earned under performance-based RSUs 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 units.