Sowmyanarayan Sampath - Feb 10, 2023 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
Stock symbol
VZ
Transactions as of
Feb 10, 2023
Transactions value $
-$267,027
Form type
4
Date filed
2/14/2023, 06:22 AM
Previous filing
Feb 6, 2023
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VZ Common Stock Options Exercise +19.3K +159.4% 31.4K Feb 10, 2023 Direct F1, F2
transaction VZ Common Stock Tax liability -$267K -6.67K -21.26% $40.01 24.7K Feb 10, 2023 Direct F2
holding VZ Common Stock 7.67K Feb 10, 2023 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 - 2020 Award Options Exercise -19.3K -100% 0 Feb 10, 2023 Common Stock 19.3K 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.
F2 Includes common stock acquired through dividend reinvestment.