Sowmyanarayan Sampath - 17 Sep 2022 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role: EVP and Group CEO-VZ Business
Signature: Brandon N. Egren, Attorney-in-fact for Sowmyanarayan Sampath
Issuer symbol: VZ
Transactions as of: 17 Sep 2022
Net transactions value: -$505,725
Form type: 4
Filing time: 20 Sep 2022, 08:33:48 UTC
Previous filing: 19 Sep 2022
Next filing: 30 Sep 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		+23,968			23,968	17 Sep 2022	Direct	F1
transaction	VZ	Common Stock	Tax liability	$505,725	-12,260	-51%	$41.25	11,708	17 Sep 2022	Direct
holding	VZ	Common Stock						7,417	17 Sep 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	Special Restricted Stock Units - 2018 Award	Options Exercise		-23,968	-100%		0	17 Sep 2022	Common Stock	23,968		Direct	F1

* 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.