VERIZON COMMUNICATIONS INC — Director's Dealing 2020

Mar 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERIZON COMMUNICATIONS INC (VZ)
CIK: 0000732712
Period of Report: 2020-03-03

Reporting Person: SILLIMAN CRAIG L. (EVP&ChiefAdminLegal&PubPolOff)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-03	Common Stock	M	10658	—	Acquired	29295	Direct
2020-03-03	Common Stock	F	5452	$55.70	Disposed	23843	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-03	Restricted Stock Units - 2017-2020 Award Cycle	$	M	10658	Disposed		Common Stock (10658)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4130	Indirect

Footnotes

F1: Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock on the payment date with respect to the date that the RSU vests, unless deferred into the reporting person's deferred compensation plan account at the election of the reporting person. To the extent deferred, each RSU represents the right to have an amount equal to the value of one share of common stock on the payment date credited to the reporting person's deferred compensation plan account and deemed invested in a hypothetical cash-based investment option.

F2: Subject to the terms of the Restricted Stock Unit Agreement, the RSUs vest in three equal annual installments beginning on March 3, 2018.