Trezise Scott 4
4 · CENTURYLINK, INC · Filed Mar 4, 2019
Insider Transaction Report
Form 4
Trezise Scott
EVP Human Resources
Transactions
- Award
Common Stock
2019-02-28+56,966→ 238,188 total - Disposition to Issuer
Common Stock
2019-02-28−2,858→ 235,330 total - Tax Payment
Common Stock
2019-02-28$13.19/sh−4,814$63,497→ 230,516 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, 2020. 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 March 1 of each of 2021 and 2022.
- [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.