Filing Details

Accession Number:
0001235110-12-000068
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-24 17:00:23
Reporting Period:
2012-02-22
Filing Date:
2012-02-24
Accepted Time:
2012-02-24 17:00:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
18926 Centurylink Inc CTL Telephone Communications (No Radiotelephone) (4813) 720651161
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1200933 E James Ousley Centurylink, Inc.
100 Centurylink Drive
Monroe LA 71203
Chief Exec Officer-Savvis Ops No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-02-22 246,972 $16.18 833,663 No 4 M Direct
Common Stock Disposition 2012-02-22 163,478 $39.29 670,185 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee stock option (right to buy) Disposition 2012-02-22 246,972 $0.00 246,972 $16.18
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-03-09 No 4 M Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.24 to $39.36, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
  2. The option is fully vested.
  3. Received pursuant to the agreement and plan of merger among SAVVIS, Inc., a Delaware corporation ("Savvis"), CenturyLink, Inc., a Louisiana corporation ("CenturyLink"), and Mimi Acquisition Company, a Delaware corporation and wholly owned subsidiary of CenturyLink ("Merger Sub"), pursuant to which Merger Sub merged with and into Savvis (the "Merger"), in exchange for a stock option to acquire 500,000 shares of Savvis common stock for $16.60 per share.