X0304 4 2012-02-29 0001520744 Lumos Networks Corp. LMOS 0001455700 Hyde James A. C/O LUMOS NETWORKS CORP. 401 SPRING LANE WAYNESBORO VA 22980 1 1 Chief Executive Officer Common Stock, Par Value $0.01 Per Share 2012-02-29 4 D 0 1470 0 D 107299 D Stock Option (Right to Buy) 13.85 2019-03-30 Common Stock 160115 160115 D Stock Option (Right to Buy) 13.81 2019-12-17 Common Stock 114354 114354 D Stock Option (Right to Buy) 15.33 2021-02-28 Common Stock 77378 77378 D Reflects forfeiture of restricted stock pursuant to terms of award agreement based on actual achievement by the Company relative to the Company's performance objectives. 79,511 options are currently vested and exercisable; one half of remaining balance vests on each of March 30, 2012 and March 30, 2013. 28,412 options are currently vested and exercisable, 33-1/3% of remaining options vest on each of December 17, 2011, December 17, 2012 and December 17, 2013. Vests 25% on each of February 28, 2012; February 28, 2013; February 28, 2014; and February 28, 2015. Adjustment reflects correction to post-separation conversion calculations. /s/ James A. Hyde 2012-03-02