Craig L. Silliman - 01 Feb 2024 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
EVP&Pres.-VZ Global Services
Signature
Brandon N. Egren, Attorney-in-fact for Craig L. Silliman
Issuer symbol
VZ
Transactions as of
01 Feb 2024
Transactions value $
$1,281
Form type
4
Filing time
05 Feb 2024, 07:36:10 UTC
Previous filing
22 Jan 2024
Next filing
06 Feb 2024
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 $1.28K +106 +0.03% $12.13 330K 01 Feb 2024 Common Stock 30 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.