CenturyLink 2015 Annual Report Download - page 75

Outstanding Equity Awards at December 31, 2015(1)
Option Awards Stock Awards
Equity Incentive Plan Awards
(3)
All Other Stock Awards
Name
Number of
Securities
Underlying
Unexercised
Options
(2)
Option
Exercise
Price
Option
Expiration
Date
Grant
Date
Unvested
Shares
Market
Value of
Unvested
Shares
Unvested
Shares
(4)
Market
Value of
Unvested
Shares
Current Executives:
Glen F. Post, III .... 200,000 $45.90 2/26/2017 5/23/2013 88,146 $2,217,753 29,382 $ 739,251
2/20/2014 155,418 3,910,317 69,074 1,737,902
2/23/2015 131,640 3,312,062 87,760 2,208,042
R. Stewart Ewing, Jr. 62,500 35.41 2/20/2016
(5)
5/23/2013 20,835 524,209 6,945 174,736
62,500 45.90 2/26/2017 2/20/2014 32,327 813,347 14,368 361,499
2/23/2015 24,160 607,866 16,106 405,227
Stacey W. Goff ..... 40,500 45.90 2/26/2017 5/23/2013 16,027 403,239 5,342 134,405
2/20/2014 26,111 656,953 11,604 291,957
2/23/2015 19,514 490,972 13,009 327,306
Aamir Hussain ..... — — — 11/7/2014 — — 42,044 1,057,827
2/23/2015 21,682 545,519 14,454 363,663
David D. Cole ...... 40,500 45.90 2/26/2017 5/23/2013 15,225 383,061 5,075 127,687
2/20/2014 23,624 594,380 10,499 264,155
2/23/2015 17,655 444,200 11,770 296,133
Former Executive:
Karen A. Puckett
(6)
. . 75,000 45.90 2/26/2017 5/23/2013 30,501 767,405 — —
2/20/2014 47,325 1,190,697 — —
2/23/2015 — — — —
(1) All information on exercisability, vesting and market value is solely as of December 31, 2015. This table
does not reflect (i) exercises of options, vesting of restricted stock or other changes in the equity awards
since such date or (ii) any additional equity grants since such date.
(2) We have not granted options to executives since 2007; all of the options summarized under this column
were exercisable as of December 31, 2015.
(3) Represents performance-based restricted shares granted on May 23, 2013, February 20, 2014 and
February 23, 2015. The table above assumes, as of December 31, 2015, that we would perform at “target”
levels such that all performance-based shares granted to each named executive would vest fully. In early
2016, we determined that (i) the TSR performance-based restricted stock granted on May 23, 2013 would
not vest and would be forfeited and (ii) 92.6% of the absolute revenue performance-based restricted stock
granted on May 23, 2013 would vest and the remaining shares would be forfeited. For additional
information on the vesting and other terms of our most recent grant of performance-based restricted shares,
see “— 2015 Awards” and “— Terms of 2015 Restricted Stock Awards.”
(4) All shares listed under this column are shares of time-vested restricted stock that generally vest at a rate of
one-third per year during the first three years after that grant date. For additional information on the vesting
and other terms of our most recent grant of time-vested restricted shares, see “— Terms of 2015 Restricted
Stock Awards.”
(5) These options lapsed on their expiration date.
(6) See note 6 to the Summary Compensation Table appearing above.
2015 Exercises and Vesting. The following table provides information on Common Shares acquired by the
named officers during 2015 in connection with the exercise of options and the vesting of restricted stock.
64