Carol B. Tome - 01 Sep 2021 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
Director
Signature
Brandon N. Egren, Attorney-in-fact for Carol B. Tome
Issuer symbol
VZ
Transactions as of
01 Sep 2021
Net transactions value
+$58,346
Form type
4
Filing time
03 Sep 2021, 08:14:03 UTC
Next filing
11 Feb 2022
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 Award $58,346 +1,062 $54.94 1,062 01 Sep 2021 Common Stock 1,062 By Deferred Compensation Plan F1
* 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 one share of common stock and is settled in cash. The shares of phantom stock become payable following the reporting person's termination of service as a director.