SEC Form 4 · accession 0001209191-18-013098
Lumen Technologies, Inc. · LUMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sunit S Patel
Officer — Executive Vice President & CFO
Period of report
Feb 21, 2018
Accepted (ET)
Feb 23, 2018 · 5:24 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 21, 2018 | A | 173,497 | $0.00 | A | 1,109,770 | D | |
| Common Stock | holding | — | — | — | 8,934 | I | by 401(k) | |
| Common Stock | holding | — | — | — | 1,428 | I | by IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 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. Vesting of the performance-based portion is dependent upon the extent to which the two-year performance metric is achieved, with any earned shares vesting in two equal installments on February 21 of each of 2020 and 2021.