Manon Brouillette - 02 Aug 2022 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
EVP and Group CEO-VZ Consumer
Signature
Brandon N. Egren, Attorney-in-fact for Manon Brouillette
Issuer symbol
VZ
Transactions as of
02 Aug 2022
Net transactions value
-$947,697
Form type
4
Filing time
04 Aug 2022, 08:11:25 UTC
Previous filing
26 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VZ Common Stock Options Exercise +37,762 37,762 02 Aug 2022 Direct F1
transaction VZ Common Stock Tax liability $947,697 -20,902 -55% $45.34 16,860 02 Aug 2022 Direct

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 Restricted Stock Units - 2021 Award Options Exercise -37,762 -33% 75,525 02 Aug 2022 Common Stock 37,762 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock on the payment date with respect to the date that the RSU vests.
F2 Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on August 2, 2022.