VERIZON COMMUNICATIONS INC — Director's Dealing 2020

Mar 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERIZON COMMUNICATIONS INC (VZ)
CIK: 0000732712
Period of Report: 2020-03-06

Reporting Person: Dunne Ronan (EVP and Group CEO-VZ Consumer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-06	Common Stock	M	12647	—	Acquired	51205	Direct
2020-03-06	Common Stock	F	6469	$56.87	Disposed	44736	Direct
2020-03-08	Common Stock	M	14761	—	Acquired	59497	Direct
2020-03-08	Common Stock	F	7551	$56.87	Disposed	51946	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-06	Restricted Stock Units - 2018-2021 Award Cycle	$	M	12647	Disposed		Common Stock (12647)	Direct
2020-03-08	Restricted Stock Units - 2019-2022 Award Cycle	$	M	14761	Disposed		Common Stock (14761)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	49	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.

F2: Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 6, 2019.

F3: Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 8, 2020.