13D Filing: Corvex Capital and Centurylink Inc (CTL)

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Page 10 of 10 – SEC Filing

Sale of Put Options
04/27/2017
(4,000,000)
(4)
0.52
(5)
Purchase of Common Stock
04/28/2017
808,937
25.58
Sale of Common Stock
04/28/2017
(360,000)
25.53
Purchase of Call Options
04/28/2017
4,000,000
(2)
0.26
(6)
Purchase of Common Stock
05/01/2017
637,800
25.55
Sale of Common Stock
05/01/2017
(360,000)
25.60
Purchase of Call Options
05/01/2017
4,000,000
(2)
0.28
(6)
Purchase of Equity Forward Purchase Contracts
05/01/2017
237,500
(1)
25.45
Purchase of Equity Forward Purchase Contracts
05/02/2017
427,000
(1)
25.85
Purchase of Common Stock
05/03/2017
75,000
25.54
Purchase of Equity Forward Purchase Contracts
05/03/2017
925,000
(1)
25.54
Purchase of Equity Forward Purchase Contracts
05/04/2017
2,000,000
(1)
23.64
Purchase of Equity Forward Purchase Contracts
05/05/2017
1,000,000
(1)
23.64
Purchase of Equity Forward Purchase Contracts
05/08/2017
500,000
(1)
23.62

___________________________

(1) Issued as American-style call and European-style put options and reissued as equity forward purchase contracts.
(2)
Represents Shares underlying American-style call options purchased in the over-the-counter market. These call options expire on October 20, 2017.
(3)
This amount represents the cost of an applicable American-style over-the-counter market call option to purchase one Share. The per Share exercise price of these call options is $28.
(4)
Represents Shares underlying American-style put options sold in the over-the-counter market. These put options expire on October 20, 2017.
(5)
This amount represents the proceeds received from an applicable American-style over-the-counter market put option to sell one Share. The per Share exercise price of these put options is $22.
(6)
This amount represents the cost of an applicable American-style over-the-counter market call option to purchase one Share. The per Share exercise price of these call options is $30.

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