Carol B. Tome - Sep 1, 2021 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
Director
Signature
Brandon N. Egren, Attorney-in-fact for Carol B. Tome
Stock symbol
VZ
Transactions as of
Sep 1, 2021
Transactions value $
$58,346
Form type
4
Date filed
9/3/2021, 08:14 AM
Next filing
Feb 11, 2022

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 $58.3K +1.06K $54.94 1.06K Sep 1, 2021 Common Stock 1.06K 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.