Cheek William E 4
4 · CENTURYLINK, INC · Filed Feb 29, 2012
Insider Transaction Report
Form 4
Cheek William E
President - Wholesale Op.
Transactions
- Exercise/Conversion
Common Stock
2012-02-27+4,758→ 83,154 total - Sale
Common Stock
2012-02-28$40.00/sh−16,737$669,480→ 81,667 total - Tax Payment
Common Stock
2012-02-27$40.00/sh−1,487$59,480→ 81,667 total - Exercise/Conversion
Common Stock
2012-02-28$32.90/sh+16,737$550,647→ 98,404 total - Exercise/Conversion
NQ Stock Option
2012-02-28−16,737→ 0 totalExercise: $32.90Exp: 2016-02-07→ Common Stock (16,737 underlying) - Exercise/Conversion
Restricted Stock Units
2012-02-27−4,758→ 0 total→ Common Stock (4,758 underlying)
Holdings
- 763.874(indirect: By TRASOP)
Common Stock
Footnotes (6)
- [F1]Upon vesting of restricted stock units, an equivalent number of shares of the issuer's common stock were delivered to the reporting person.
- [F2]Represents shares withheld by the issuer to satisfy minimum statutory withholding requirements upon vesting of restricted stock units.
- [F3]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F5]The restricted stock units vest as follows: 34% on February 27, 2010, 33% on February 27, 2011 and 33% on February 27, 2012.
- [F6]The option is fully vested.