Michael James Roberts - Dec 31, 2021 Form 5 Insider Report for Lumen Technologies, Inc. (LUMN)

Role: Director
Signature: /s/ Gary Maxwell Cox, as attorney-in-fact for Michael James Roberts
Stock symbol: LUMN
Transactions as of: Dec 31, 2021
Transactions value $: $0
Form type: 5
Date filed: 2/11/2022, 04:14 PM
Previous filing: Dec 2, 2021
Next filing: Mar 2, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	LUMN	Phantom Stock						8.93K	Dec 31, 2021	Common Stock	644		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Includes an additional 644 phantom shares acquired by the Reporting Person through reinvestment of dividend equivalents during fiscal 2021. Each share of phantom stock represents the right to receive the fair market value of one share of the Issuer's common stock, payable to the Reporting Person in cash as soon as practicable following the end of his service as director or otherwise in accordance with the terms of the legacy Qwest Deferred Compensation Plan for Non-Employee Directors.

Content

Includes an additional 644 phantom shares acquired by the Reporting Person through reinvestment of dividend equivalents during fiscal 2021. Each share of phantom stock represents the right to receive the fair market value of one share of the Issuer's common stock, payable to the Reporting Person in cash as soon as practicable following the end of his service as director or otherwise in accordance with the terms of the legacy Qwest Deferred Compensation Plan for Non-Employee Directors.