LEVEL 3 COMMUNICATIONS INC 4
4 · LEVEL 3 COMMUNICATIONS INC · Filed Jul 5, 2016
Insider Transaction Report
Form 4
ALONSO HECTOR
Regional President, Latin Amer
Transactions
- Sale
Common Stock
2016-07-05$50.82/sh−8,275$420,536→ 119,277 total - Sale
Common Stock
2016-07-01$51.95/sh−5,000$259,734→ 127,552 total - Award
Common Stock
2016-07-01+8,539→ 124,278 total - Award
Common Stock
2016-07-01+8,274→ 132,552 total
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 11, 2016.
- [F2]This is a weighted average price. The prices actually received ranged from $51.27 to $52.29. 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.
- [F3]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 and the settlement of outperform stock appreciation units.