Rima Qureshi - 16 Feb 2023 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
16 Feb 2023
Transactions value $
$1,085
Form type
4
Filing time
21 Feb 2023, 06:53:31 UTC
Previous filing
17 Feb 2023
Next filing
27 Feb 2023
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 $1.09K +95.4 +0.6% $11.37 16K 16 Feb 2023 Common Stock 27 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.