Craig L. Silliman - Mar 3, 2022 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
EVP&ChiefAdminLegal&PubPolOff
Signature
Brandon N. Egren, Attorney-in-fact for Craig L. Silliman
Stock symbol
VZ
Transactions as of
Mar 3, 2022
Transactions value $
-$81,525
Form type
4
Date filed
3/7/2022, 07:27 AM
Previous filing
Mar 4, 2022
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VZ Common Stock Sale -$84.9K -1.56K -4.38% $54.48 34K Mar 3, 2022 Direct F1
holding VZ Common Stock 4.52K Mar 3, 2022 By 401(k)

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 (unitized) Award $3.35K +216 +0.09% $15.56 253K Mar 3, 2022 Common Stock 61 By Deferred Compensation Plan F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale of shares set forth herein is made pursuant to Mr. Silliman's sales plan under Rule 10b5-1(c).
F2 Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. Of the total amount acquired, 134.743 shares of phantom stock may be reallocated into other plan investments. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan.
F3 Includes phantom stock acquired through dividend reinvestment.