Christopher Stansbury - May 18, 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: May 18, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/22/2023, 05:05 PM
Previous filing: Apr 7, 2023
Next filing: Nov 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUMN	Common Stock	Award	$0	+1.15M	+77.85%	$0.00	2.63M	May 18, 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents the grant of performance-based restricted stock under the Issuer's Second Amended and Restated 2018 Equity Incentive Plan, which was approved at the Issuer's 2023 annual meeting of stockholders on May 17, 2023. Vesting of the performance-based restricted 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

Represents the grant of performance-based restricted stock under the Issuer's Second Amended and Restated 2018 Equity Incentive Plan, which was approved at the Issuer's 2023 annual meeting of stockholders on May 17, 2023. Vesting of the performance-based restricted 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.