Shankar Arumugavelu - 01 Jul 2024 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
EVP-Verizon Global Services
Signature
Brandon N. Egren, Attorney-in-fact for Shankar Arumugavelu
Issuer symbol
VZ
Transactions as of
01 Jul 2024
Transactions value $
$0
Form type
4
Filing time
03 Jul 2024, 10:30:04
Previous filing
24 Oct 2023
Next filing
08 Jul 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 Restricted Stock Units - 2024 Award Award $0 +33.5K +72.85% $0.00 79.6K 01 Jul 2024 Common Stock 33.5K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest in three equal annual installments beginning on March 1, 2025.