Shaun C. Andrews - Mar 1, 2023 Form 4 Insider Report for Lumen Technologies, Inc. (LUMN)

Role: Exec VP & Chief Mktg Officer
Signature: /s/ Gary Maxwell ("Max") Cox, as Attorney-in-Fact for Shaun C. Andrews
Stock symbol: LUMN
Transactions as of: Mar 1, 2023
Transactions value $: -$75,553
Form type: 4
Date filed: 3/3/2023, 08:40 PM
Previous filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUMN	Common Stock	Tax liability	-$75.6K	-23.4K	-5.33%	$3.23	415K	Mar 1, 2023	Direct	F1
transaction	LUMN	Common Stock	Disposed to Issuer	$0	-59.8K	-14.39%	$0.00	356K	Mar 1, 2023	Direct	F2
holding	LUMN	Common Stock						2.94K	Mar 1, 2023	by 401(k)

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld to cover the taxes due upon the vesting of equity awards.
F2	Represents performance-based restricted shares or RSUs granted on February 26, 2020, which were forfeited on March 1, 2023 for failing to achieve the three-year performance metrics.