COLE DAVID D 4
4 · CENTURYLINK, INC · Filed Feb 23, 2018
Insider Transaction Report
Form 4
COLE DAVID D
Sr.VP-Operations Support
Transactions
- Tax Payment
Common Stock
2018-02-21$17.90/sh−1,921$34,386→ 349,697 total - Disposition to Issuer
Common Stock
2018-02-21−10,929→ 404,697 total - Award
Common Stock
2018-02-21+65,929→ 415,626 total
Footnotes (4)
- [F1]Shares withheld to cover the taxes due upon the vesting of time-based restricted stock.
- [F2]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. Vesting of the performance-based portion is dependent upon the extent to which the two-year performance metric is achieved, with any earned shares vesting in two equal installments on February 21 of each of 2020 and 2021.
- [F3]These shares of unvested restricted stock were forfeited due to a failure to achieve a specific level of performance required for vesting.
- [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.