STACEY W. GOFF - 25 Feb 2022 Form 4 Insider Report for Lumen Technologies, Inc. (LUMN)

Role: EVP & GC
Signature: /s/ Gary Maxwell ("Max") Cox, as Attorney-in-Fact for Stacey W. Goff
Issuer symbol: LUMN
Transactions as of: 25 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 01 Mar 2022, 16:51:26 UTC
Previous filing: 09 Nov 2021
Next filing: 03 Mar 2022
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	+211,222	+33%	$0.000000	853,761	25 Feb 2022	Direct	F1
holding	LUMN	Common Stock						3,736	25 Feb 2022	By 401(k)
holding	LUMN	Common Stock						5,223	25 Feb 2022	By ESOP	F2
holding	LUMN	Common Stock						1,075	25 Feb 2022	By Stock Bonus Plan	F2

* 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, 2023. 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, 2025.
F2	This is a legacy defined contribution plan sponsored by the Issuer.