CenturyLink 2015 Annual Report Download - page 76

Option Exercises and Stock Vested During 2015
Option Awards Stock Awards
Name
Number of
Shares
Acquired
on Exercise
Value Realized
On Exercise
Number of
Shares
Acquired
on Vesting(1)
Value Realized
on Vesting(2)
Current Executives:
Glen F. Post, III ..................... — $— 83,534 $3,002,226
R. Stewart Ewing, Jr. ................. — — 20,762 747,288
Stacey W. Goff ..................... — — 16,066 578,363
Aamir Hussain ...................... — — 21,021 600,570
David D. Cole ...................... — — 15,246 548,827
Former Executive:
Karen A. Puckett .................... — — 60,442 1,894,974(3)
(1) Represents the vesting of time-vested restricted shares granted in 2012, 2013 and 2014. No shares vested from
performance-based restricted shares granted in 2012, the vesting conditions of which are described in
“Compensation Discussion and Analysis — Our Compensation Philosophy and Linkage to Pay for
Performance — Overview of Pay Elements and Linkage to Compensation Philosophy and Objectives —
Actual Payouts of Performance-Based Restricted Stock.”
(2) Based on the closing trading price of the Common Shares on the applicable vesting date.
(3) See “—Potential Terminations Payments — Amounts Paid to Former Executive.”
Pension Benefits
Amount of Benefits. The following table and discussion summarize pension benefits payable to the named
officers under (i) the CenturyLink Component of the CenturyLink Combined Pension Plan, qualified under
Internal Revenue Code Section 401(a), which permits eligible participants (including officers) who have
completed at least five years of service to receive a pension benefit upon attaining early or normal retirement age,
and (ii) our nonqualified supplemental defined benefit plan, which is designed to pay supplemental retirement
benefits to certain officers in amounts equal to the benefits such officers would otherwise forego due to federal
limitations on compensation and benefits under qualified plans. We refer to these particular defined benefit plans
below as our “Qualified Plan” and our “Supplemental Plan,” respectively, and as our “Pension Plans,”
collectively.
Name(1) Plan Name
Number of
Years of Credited
Service
Present
Value of
Accumulated
Benefit(2)
Payments During
Last Fiscal Year
Current Executives:
Glen F. Post, III ......... Qualified Plan 17 $1,977,775 $ —
Supplemental Plan 17 2,542,070 —
R. Stewart Ewing, Jr. ..... Qualified Plan 17 2,070,403 —
Supplemental Plan 17 1,032,719 —
Stacey W. Goff .......... Qualified Plan 17 565,482 —
Supplemental Plan 17 410,296 —
David D. Cole ........... Qualified Plan 17 1,409,535 —
Supplemental Plan 17 495,843 —
Former Executive:
Karen A. Puckett ......... Qualified Plan 16 — 1,049,580(3)
Supplemental Plan 16 972,772 —
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