Mark T. Bertolini - 01 Mar 2022 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
Director
Signature
Brandon N. Egren, Attorney-in-fact for Mark T. Bertolini
Issuer symbol
VZ
Transactions as of
01 Mar 2022
Transactions value $
$0
Form type
4
Filing time
03 Mar 2022, 11:30:30 UTC
Next filing
03 Mar 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 Award $0 +3.26K +10.65% $0.00 33.9K 01 Mar 2022 Common Stock 3.26K 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 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.
F2 Includes phantom stock acquired through dividend reinvestment.