| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LUMN | Common Stock | Award | $0 | +576,258 | +72% | $0.000000 | 1,374,484 | 01 Mar 2023 | Direct | F1 |
| transaction | LUMN | Common Stock | Tax liability | $100,424 | -31,091 | -2.3% | $3.23 | 1,343,393 | 01 Mar 2023 | Direct | F2 |
| transaction | LUMN | Common Stock | Disposed to Issuer | $0 | -85,422 | -6.4% | $0.000000 | 1,257,971 | 01 Mar 2023 | Direct | F3 |
| holding | LUMN | Common Stock | 1,077 | 01 Mar 2023 | by Stock Bonus Plan | F4 | |||||
| holding | LUMN | Common Stock | 4,002 | 01 Mar 2023 | by 401(k) | ||||||
| holding | LUMN | Common Stock | 5,669 | 01 Mar 2023 | by ESOP | F4 |
| 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, 2024. 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, 2026. |
| F2 | Shares withheld to cover the taxes due upon the vesting of equity awards. |
| F3 | Represents performance-based restricted shares or RSUs granted on February 26, 2020, which were forfeited on March 1, 2023 for failing to achieve the three-year performance metrics. |
| F4 | This is a legacy defined contribution plan sponsored by the Issuer. |