Indraneel Dev - 25 Feb 2022 Form 4 Insider Report for Lumen Technologies, Inc. (LUMN)

Role: EVP and CFO
Signature: /s/ Gary Maxwell ("Max") Cox, as Attorney-in-Fact for Indraneel Dev
Issuer symbol: LUMN
Transactions as of: 25 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 01 Mar 2022, 17:09:29 UTC
Previous filing: 02 Mar 2022
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	+398,975	+48%	$0.000000	1,229,152	25 Feb 2022	Direct	F1
holding	LUMN	Common Stock						5,296	25 Feb 2022	by 401(k)
holding	LUMN	Common Stock						85,509	25 Feb 2022	By Spouse as Trustee of Family Trust 1
holding	LUMN	Common Stock						85,481	25 Feb 2022	By Spouse as Trustee of Family Trust 2
holding	LUMN	Common Stock						85,481	25 Feb 2022	By Spouse as Trustee of Family Trust 3

* 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.