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VERIZON COMMUNICATIONS INC — Director's Dealing 2010
Apr 26, 2010
29795_dirs_2010-04-26_b6fc71e7-c640-493e-af04-ea4c2abe2d07.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VERIZON COMMUNICATIONS INC (VZ)
CIK: 0000732712
Period of Report: 2010-04-23
Reporting Person: MILCH RANDAL S (EVP and General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-04-23 | Phantom Stock (unitized) | $ | I | 35920.915 | Acquired | Common Stock (10327) | Indirect | |
| 2010-04-23 | Phanton Stock (unitized) | $ | I | 11973.635 | Acquired | Common Stock (3442) | Indirect |
Footnotes
F1: Each share of phantom stock is the economic equivalent of a portion of one share of common stock, may be reallocated into other plan investments and is settled in cash. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan.
F2: Each share of phantom stock is the economic equivalent of a portion of one share of common stock, may be reallocated into other plan investments and will be settled in cash or shares at the election of the reporting person.
F3: Includes phantom stock acquired through dividend reinvestment.