SEC Form 4 · accession 0001181431-15-003261
Lumen Technologies, Inc. · LUMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen A Puckett
Officer — President, Global Markets
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 5:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000018926
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2015 | F | 6,122 | $37.02 | D | 252,379 | D | |
| Common Stock | Feb 20, 2015 | D | 25,677 | $0.00 | D | 226,702 | D | |
| Common StockF4 | Feb 23, 2015 | A | 58,948 | $0.00 | A | 285,650 | D | |
| Common Stock | holding | — | — | — | 1,390 | I | by 401(k) Plan | |
| Common StockF5 | holding | — | — | — | 2,524 | I | by ESOP | |
| Common StockF5 | holding | — | — | — | 27 | I | by Stock Bonus Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares withheld to cover the taxes due upon the vesting of restricted stock.
- F2On February 20, 2015 these shares of unvested restricted stock were forfeited due to a failure to achieve the applicable performance vesting condition.
- F3Represents a grant of restricted stock (40% time-based and 60% performance-based). The time-based portion will vest in three equal annual installments beginning one year from the date of grant. The performance-based portion is divided among two separate three-year performance metrics, which will vest on February 23, 2018 to the extent that the applicable metric is achieved.
- F4Includes 9,923.214 shares held in the Issuer's ESPP for the benefit of the Reporting Person as of the date of this report.
- F5This is a legacy defined contribution plan sponsored by the Issuer.