Christopher Stansbury - 04 Apr 2022 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: 04 Apr 2022
Transactions value $: $0
Form type: 4
Filing time: 06 Apr 2022, 16:40:48 UTC
Previous filing: 14 Mar 2022
Next filing: 03 Mar 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	+339,705		$0	339,705	04 Apr 2022	Direct	F1
transaction	LUMN	Common Stock	Award	$0	+394,057	+1.16%	$0	733,762	04 Apr 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents a sign-on grant of restricted stock vesting based on continuous service as follows: 67,941 shares will vest in three equal annual installments beginning on April 4, 2023; 135,882 shares will vest in one installment on April 4, 2027; and 135,882 shares will vest in one installment on April 4, 2029.
F2	Represents a grant of restricted stock (40% time-based and 60% performance-based) under the Issuer's 2022 long-term incentive program. The time-based portion will vest in three equal annual installments beginning on April 4, 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 April 4, 2025.

Content

Represents a sign-on grant of restricted stock vesting based on continuous service as follows: 67,941 shares will vest in three equal annual installments beginning on April 4, 2023; 135,882 shares will vest in one installment on April 4, 2027; and 135,882 shares will vest in one installment on April 4, 2029.

Represents a grant of restricted stock (40% time-based and 60% performance-based) under the Issuer's 2022 long-term incentive program. The time-based portion will vest in three equal annual installments beginning on April 4, 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 April 4, 2025.