Christopher Stansbury - 18 May 2023 Form 4 Insider Report for Lumen Technologies, Inc. (LUMN)

Signature
/s/ Gary Maxwell Cox, as Attorney-in-Fact for Christopher D. Stansbury
Issuer symbol
LUMN
Transactions as of
18 May 2023
Transactions value $
$0
Form type
4
Filing time
22 May 2023, 17:05:31 UTC
Previous filing
07 Apr 2023
Next filing
03 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUMN Common Stock Award $0 +1,152,517 +77.8% $0.000000 2,633,005 18 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of performance-based restricted stock under the Issuer's Second Amended and Restated 2018 Equity Incentive Plan, which was approved at the Issuer's 2023 annual meeting of stockholders on May 17, 2023. Vesting of the performance-based restricted stock will be dependent upon the extent to which the three-year performance metrics for the award are achieved, with any earned shares vesting on March 1, 2026.