BIGGS CHARLES L 4
4 · QWEST COMMUNICATIONS INTERNATIONAL INC · Filed Apr 4, 2011
Insider Transaction Report
Form 4
BIGGS CHARLES L
Director
Transactions
- Disposition to Issuer
Common Stock
2011-04-01−77,250→ 0 total - Disposition to Issuer
Phantom Stock
2011-04-01−56,471.19→ 0 total→ Common Stock (56,471.19 underlying) - Disposition to Issuer
Stock option (right to buy)
2011-04-01−10,000→ 0 totalExercise: $8.37Exp: 2017-01-02→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock option (right to buy)
2011-04-01−40,000→ 0 totalExercise: $4.25Exp: 2014-04-01→ Common Stock (40,000 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to merger agreement between the issuer, CenturyTel, Inc. (n/k/a CenturyLink, Inc.) ("CenturyLink") and SB44 Acquisition Company in exchange for 12,854 shares of CenturyLink common stock having a market value of $41.55 at the time of the merger.
- [F2]Each unit represented a cash value equivalent to one share of the issuer's common stock. CenturyLink assumed the plan in the merger and the units were converted to represent a cash value equivalent to an aggregate of 9,396.81 shares of CenturyLink common stock.
- [F3]Immediately exercisable.
- [F4]Not applicable.
- [F5]The option, which was fully vested, was assumed by CenturyLink in the merger and replaced with an option to purchase 6,656 shares of CenturyLink common stock at an exercise price of $25.55 per share.
- [F6]The option, which was fully vested, was assumed by CenturyLink in the merger and replaced with an option to purchase 6,656 shares of CenturyLink common stock at an exercise price of $33.66 per share.
- [F7]The option, which was fully vested, was assumed by CenturyLink in the merger and replaced with an option to purchase 1,664 shares of CenturyLink common stock at an exercise price of $50.31 per share.