CENTURYLINK, INC 4
4 · CENTURYLINK, INC · Filed Feb 25, 2016
Insider Transaction Report
Form 4
COLE DAVID D
Sr.VP-Operations Support
Transactions
- Disposition to Issuer
Common Stock
2016-02-23−8,177→ 233,649 total - Award
Common Stock
2016-02-23+43,698→ 241,826 total - Tax Payment
Common Stock
2016-02-23$29.25/sh−1,274$37,265→ 232,375 total
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 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, 2019 to the extent that the applicable metric is achieved.
- [F2]These shares of unvested restricted stock were forfeited due to a failure to achieve a specific level of performance required for vesting.
- [F3]Shares withheld to cover the taxes due upon the vesting of restricted stock.
- [F4]Includes 10,002 shares held in the Issuer's ESPP for the benefit of the Reporting Person as of the date of this report.