Christopher Stansbury - Mar 30, 2023 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
Stock symbol: LUMN
Transactions as of: Mar 30, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/3/2023, 06:05 PM
Previous filing: Mar 3, 2023
Next filing: Apr 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUMN	Common Stock	Disposed to Issuer	$0	-1.15M	-43.42%	$0.00	1.5M	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.

Content

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.