Kathleen E. Johnson - Mar 30, 2023 Form 4 Insider Report for Lumen Technologies, Inc. (LUMN)

Signature
/s/ Gary Maxwell Cox, as Attorney-in-Fact for Kathleen Elizabeth Johnson
Stock symbol
LUMN
Transactions as of
Mar 30, 2023
Transactions value $
$0
Form type
4
Date filed
4/3/2023, 06:04 PM
Previous filing
Mar 3, 2023
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUMN Common Stock Disposed to Issuer $0 -2.19M -52.78% $0.00 1.96M Mar 30, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the cancellation of a grant of performance-based restricted stock previously reported on a Form 4 filed by the Reporting Person on March 3, 2023. A new grant of these shares of performance-based restricted stock will be effective following the Issuer's 2023 annual meeting of stockholders (the "Meeting") if the stockholders approve the Issuer's Second Amended and Restated 2018 Equity Incentive Plan at the Meeting. Vesting of the performance-based stock will be dependent upon the extent to which the three-year performance metrics for the award are achieved, with any earned shares vesting on March 1, 2026.