Clarence Otis Jr - Mar 1, 2022 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
Director
Signature
Brandon N. Egren, Attorney-in-fact for Clarence Otis, Jr.
Stock symbol
VZ
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 11:31 AM
Previous filing
Feb 10, 2022
Next filing
May 26, 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 $0 +3.26K +3.38% $0.00 99.9K Mar 1, 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.