Shaun C. Andrews - 01 Mar 2023 Form 4 Insider Report for Lumen Technologies, Inc. (LUMN)

Role: Exec VP & Chief Mktg Officer
Signature: /s/ Gary Maxwell ("Max") Cox, as Attorney-in-Fact for Shaun C. Andrews
Issuer symbol: LUMN
Transactions as of: 01 Mar 2023
Net transactions value: -$75,553
Form type: 4
Filing time: 03 Mar 2023, 20:40:25 UTC
Previous 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	Tax liability	$75,553	-23,391	-5.3%	$3.23	415,415	01 Mar 2023	Direct	F1
transaction	LUMN	Common Stock	Disposed to Issuer	$0	-59,796	-14%	$0.000000	355,619	01 Mar 2023	Direct	F2
holding	LUMN	Common Stock						2,938	01 Mar 2023	by 401(k)

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

Explanation of Responses:

Id	Content
F1	Shares withheld to cover the taxes due upon the vesting of equity awards.
F2	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.