SEC Form 4 · accession 0001225208-15-015043
LEVEL 3 COMMUNICATIONS INC · LVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey K Storey
Officer — President and COO
Period of report
Jul 1, 2015
Accepted (ET)
Jul 2, 2015 · 4:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000794323
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 1, 2015 | A | 62,100 | $0.00 | A | 577,743 | D | |
| Common Stock | Jul 1, 2015 | A | 26,347 | $0.00 | A | 604,090 | D | |
| Common StockF2,F1 | Jul 2, 2015 | S | 48,995 | $52.1578 | D | 555,095 | D | |
| Common Stock | holding | — | — | — | 2,879 | I | By 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock sold by the Reporting Person to generate cash proceeds to pay withholding taxes relating to the lapsing of restrictions on transfer associated with previously granted restricted stock units and the settlement of outperform stock appreciation units.
- F2This is a weighted average price. The prices actually received ranged from $52.15 to $52.195. The Reporting Person has provided to the issuer and will provide to any security holder or the staff of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range.