4//SEC Filing
CENTURYLINK, INC 4
Accession 0001235110-14-000041
$LUMNCIK 0000018926operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 4:27 PM ET
Size
9.5 KB
Accession
0001235110-14-000041
Insider Transaction Report
Form 4
Cheek William E
President - Wholesale Op.
Transactions
- Disposition to Issuer
Common Stock
2014-02-20−5,750→ 105,218 total - Tax Payment
Common Stock
2014-02-20$31.12/sh−792$24,647→ 86,101 total - Award
Common Stock
2014-02-20+24,867→ 110,968 total
Holdings
- 874.498(indirect: By TRASOP)
Common Stock
Footnotes (2)
- [F1]40% of the grant vests in three equal annual installments beginning on February 20, 2015; 30% vests on February 20, 2017 based upon satisfaction of performance conditions related to the issuer's revenue for 2014, 2015 and 2016; and 30% vests on February 20, 2017 based upon satisfaction of conditions related to the issuer's total relative shareholder return for 2014, 2015 and 2016; in each case provided that the reporting person remains employed by the issuer over the vesting period (except in the case of death, disability or certain terminations of employment following a change of control).
- [F2]In a Form 4 filed on June 2, 2011, the reporting person reported the grant of 11,500 shares of restricted stock, 5,750 of which would vest based upon achievement of performance conditions related to the issuer's total shareholder return over specified time periods. On February 20, 2014, the issuer determined that the performance conditions had not been satisfied and, as a result, the performance-vesting shares were forfeited.
Documents
Issuer
CENTURYLINK, INC
CIK 0000018926
Entity typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0000018926
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 4:27 PM ET
- Size
- 9.5 KB