Kathleen E. Johnson - May 18, 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
May 18, 2023
Transactions value $
$0
Form type
4
Date filed
5/22/2023, 05:06 PM
Previous filing
May 5, 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 +2.19M +111.79% $0.00 4.15M 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.