Trezise Scott 4
4 · Lumen Technologies, Inc. · Filed Mar 3, 2023
Insider Transaction Report
Form 4
Trezise Scott
EVP Human Resources
Transactions
- Award
Common Stock
2023-03-01+768,344→ 1,220,938 total - Tax Payment
Common Stock
2023-03-01$3.23/sh−19,435$62,775→ 1,201,503 total - Disposition to Issuer
Common Stock
2023-03-01−42,711→ 1,158,792 total
Footnotes (3)
- [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.