VERIZON COMMUNICATIONS INC — Director's Dealing 2020

Apr 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERIZON COMMUNICATIONS INC (VZ)
CIK: 0000732712
Period of Report: 2020-04-09

Reporting Person: Gowrappan Kumara Guru (EVP and Group CEO-VZ Media)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-09	Common Stock	M	39531	—	Acquired	45385	Direct
2020-04-09	Common Stock	F	21157	$57.44	Disposed	24228	Direct
2020-04-09	Common Stock	D	18374	$57.44	Disposed	5854	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-09	Restricted Stock Units - 2018 - 2021 Award Cycle	$	M	39531	Disposed		Common Stock (39531)	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, plus accrued dividends, on the applicable vesting date.

F2: Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on April 9, 2019.