Shaun C. Andrews - 01 Mar 2023 Form 4 Insider Report for Lumen Technologies, Inc. (LUMN)

Reporting relationship: Exec VP & Chief Mktg Officer
Issuer ticker: LUMN
Reported as of: 01 Mar 2023
Net transaction value: -$75,553
SEC form: 4
Accepted by SEC: 03 Mar 2023, 20:40:25 UTC
Prior SEC filing: 03 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Gary Maxwell ("Max") Cox, as Attorney-in-Fact for Shaun C. Andrews

Key filing fact

Shaun C. Andrews filed Form 4 for Lumen Technologies, Inc. (LUMN) on 03 Mar 2023.

Key facts

This page summarizes Shaun C. Andrews's Form 4 filing for Lumen Technologies, Inc. (LUMN).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 03 Mar 2023, 20:40.

Change

Previous filing in this sequence was filed on 03 Mar 2022.
Current net transaction value: -$75,553.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LUMN transaction

Common Stock

Tax liability

Transaction value: $75,553
Shares: -23,391
Change %: -5.3%
Price: $3.23
Shares after: 415,415
Date: 01 Mar 2023
Ownership: Direct
Footnotes: F1

LUMN transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -59,796
Change %: -14%
Price: $0.000000
Shares after: 355,619
Date: 01 Mar 2023
Ownership: Direct
Footnotes: F2

LUMN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,938
Date: 01 Mar 2023
Ownership: by 401(k)

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Shares withheld to cover the taxes due upon the vesting of equity awards.

Footnote F2

Represents performance-based restricted shares or RSUs granted on February 26, 2020, which were forfeited on March 1, 2023 for failing to achieve the three-year performance metrics.