Michael James Roberts - 31 Dec 2022 Form 5 Insider Report for Lumen Technologies, Inc. (LUMN)

Role: Director
Signature: /s/ Gary Maxwell ("Max") Cox, as Attorney-in-Fact for Michael James Roberts
Issuer symbol: LUMN
Transactions as of: 31 Dec 2022
Net transactions value: $0
Form type: 5
Filing time: 27 Jan 2023, 15:06:18 UTC
Previous filing: 02 Dec 2022
Next filing: 02 Mar 2023
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	LUMN	Phantom Stock						9,569	31 Dec 2022	Common Stock	642		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Includes an additional 642 phantom shares acquired by the Reporting Person through reinvestment of dividend equivalents during fiscal 2022. Each share of phantom stock represents the right to receive the fair market value of one share of the Issuer's common stock, payable to the Reporting Person in cash as soon as practicable following the end of his service as director or otherwise in accordance with the terms of the legacy Qwest Deferred Compensation Plan for Non-Employee Directors.

Content

Includes an additional 642 phantom shares acquired by the Reporting Person through reinvestment of dividend equivalents during fiscal 2022. Each share of phantom stock represents the right to receive the fair market value of one share of the Issuer's common stock, payable to the Reporting Person in cash as soon as practicable following the end of his service as director or otherwise in accordance with the terms of the legacy Qwest Deferred Compensation Plan for Non-Employee Directors.