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VERIZON COMMUNICATIONS INC Director's Dealing 2020

Nov 10, 2020

29795_dirs_2020-11-10_b41ab27a-08e7-40c7-b278-48ca323193ed.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: 2020-11-06

Reporting Person: Qureshi Rima (EVP & Chief Strategy Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-11-06 Common Stock M 29189 Acquired 44650 Direct
2020-11-06 Common Stock F 17703 $58.53 Disposed 26947 Direct
2020-11-06 Common Stock D 11486 $58.53 Disposed 15461 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-11-06 Restricted Stock Units - 2017 - 2020 Award Cycle $ M 29189 Disposed Common Stock (29189) Direct

Footnotes

F1: Each Restricted Stock Unit (RSU) represents the right to receive an amount payable in cash equal to the economic equivalent of one share of common stock on the applicable vesting date.

F2: Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on November 6, 2018.