CENTURYLINK, INC 4
4 · CENTURYLINK, INC · Filed Feb 25, 2016
Insider Transaction Report
Form 4
Varma Girish
President, Global IT Services
Transactions
- Award
Common Stock
2016-02-23+26,065→ 81,058 total - Disposition to Issuer
Common Stock
2016-02-23−4,878→ 76,180 total - Tax Payment
Common Stock
2016-02-23$29.25/sh−735$21,499→ 75,445 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 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.