Christopher Stansbury - 01 Mar 2023 Form 4 Insider Report for Lumen Technologies, Inc. (LUMN)

Role: EVP and CFO
Signature: /s/ Gary Maxwell Cox, as Attorney-in-Fact for Christopher D. Stansbury
Issuer symbol: LUMN
Transactions as of: 01 Mar 2023
Transactions value $: $0
Form type: 4
Filing time: 03 Mar 2023, 19:02:58 UTC
Previous filing: 06 Apr 2022
Next filing: 03 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUMN	Common Stock	Award	$0	+1,920,861	+262%	$0.000000	2,654,623	01 Mar 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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, 2024. 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, 2026.