Stacey W. Goff - Mar 1, 2024 Form 4 Insider Report for Lumen Technologies, Inc. (LUMN)

Role
EVP & GC
Signature
/s/ Michael P. Rouvina, as Attorney-in-Fact for Stacey W. Goff
Stock symbol
LUMN
Transactions as of
Mar 1, 2024
Transactions value $
-$92,996
Form type
4
Date filed
3/5/2024, 07:03 PM
Previous filing
May 22, 2023
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUMN Common Stock Tax liability -$93K -57.4K -4.56% $1.62 1.2M Mar 1, 2024 Direct F1
transaction LUMN Common Stock Disposed to Issuer $0 -101K -8.39% $0.00 1.1M Mar 1, 2024 Direct F2
holding LUMN Common Stock 4.01K Mar 1, 2024 By 401(k)
holding LUMN Common Stock 5.68K Mar 1, 2024 By ESOP F3
holding LUMN Common Stock 1.08K Mar 1, 2024 By Stock Bonus Plan F3
* 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 24, 2021, which were forfeited on March 1, 2024, for failing to achieve the three-year performance metrics.
F3 This is a legacy defined contribution plan sponsored by the Issuer.