CROWE JAMES Q 4
4 · LEVEL 3 COMMUNICATIONS INC · Filed Jul 3, 2012
Insider Transaction Report
Form 4
CROWE JAMES Q
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2012-03-19+900,000→ 1,571,973 total - Sale
Common Stock
2012-07-02$21.60/sh−22,370$483,248→ 1,546,833 total
Holdings
- 4,654(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Represents restricted stock units granted to the Reporting Person pursuant to his Employment Agreement with Level 3 Communications, Inc., filed with the SEC on Form 8-K on March 23, 2012.
- [F2]Represents shares of common stock sold by the Reporting Person to generate cash proceeds to pay withholding taxes relating to the lapsing of restrictions on transfer associated with previously granted restricted stock units.
- [F3]This is a weighted average price. The prices actually received ranged from $21.58 to $21.660. The Reporting Person has provided to the issuer and will provide to any security holder or the staff of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range.