Rima Qureshi - 13 May 2021 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
EVP & Chief Strategy Officer
Signature
Brandon N. Egren, Attorney-in-fact for Rima Qureshi
Issuer symbol
VZ
Transactions as of
13 May 2021
Transactions value $
$1,119
Form type
4
Filing time
17 May 2021, 08:38:58 UTC
Next filing
01 Jun 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VZ Phantom Stock (unitized) Award $1.12K +66.9 +1.07% $16.73 6.32K 13 May 2021 Common Stock 19 By Deferred Compensation Plan F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of a portion of one share of common stock 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 Includes phantom stock acquired through dividend reinvestment.