GOFF STACEY W 4
4 · Lumen Technologies, Inc. · Filed Mar 3, 2023
Insider Transaction Report
Form 4
GOFF STACEY W
Sr. VP, Gen. Counsel
Transactions
- Award
Common Stock
2023-03-01+576,258→ 1,374,484 total - Disposition to Issuer
Common Stock
2023-03-01−85,422→ 1,257,971 total - Tax Payment
Common Stock
2023-03-01$3.23/sh−31,091$100,424→ 1,343,393 total
Holdings
- 4,002(indirect: By 401(k))
Common Stock
- 1,077(indirect: by Stock Bonus Plan)
Common Stock
- 5,669(indirect: by ESOP)
Common Stock
Footnotes (4)
- [F1]Represents a grant of restricted stock (40% time-based and 60% performance-based). The time-based portion will vest in three equal annual installments beginning on March 1, 2024. 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 March 1, 2026.
- [F2]Shares withheld to cover the taxes due upon the vesting of equity awards.
- [F3]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.
- [F4]This is a legacy defined contribution plan sponsored by the Issuer.