Christopher Stansbury - Apr 4, 2022 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: Apr 4, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/6/2022, 04:40 PM
Previous filing: Mar 14, 2022
Next filing: Mar 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUMN	Common Stock	Award	$0	+340K		$0.00	340K	Apr 4, 2022	Direct	F1
transaction	LUMN	Common Stock	Award	$0	+394K	+116%	$0.00	734K	Apr 4, 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents a sign-on grant of restricted stock vesting based on continuous service as follows: 67,941 shares will vest in three equal annual installments beginning on April 4, 2023; 135,882 shares will vest in one installment on April 4, 2027; and 135,882 shares will vest in one installment on April 4, 2029.
F2	Represents a grant of restricted stock (40% time-based and 60% performance-based) under the Issuer's 2022 long-term incentive program. The time-based portion will vest in three equal annual installments beginning on April 4, 2023. Vesting of the performance-based portion is dependent upon the extent to which two three-year performance metrics are achieved, with any earned shares vesting on April 4, 2025.

Content

Represents a sign-on grant of restricted stock vesting based on continuous service as follows: 67,941 shares will vest in three equal annual installments beginning on April 4, 2023; 135,882 shares will vest in one installment on April 4, 2027; and 135,882 shares will vest in one installment on April 4, 2029.

Represents a grant of restricted stock (40% time-based and 60% performance-based) under the Issuer's 2022 long-term incentive program. The time-based portion will vest in three equal annual installments beginning on April 4, 2023. Vesting of the performance-based portion is dependent upon the extent to which two three-year performance metrics are achieved, with any earned shares vesting on April 4, 2025.