Craig L. Silliman - Feb 2, 2024 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
EVP&Pres.-VZ Global Services
Signature
Brandon N. Egren, Attorney-in-fact for Craig L. Silliman
Stock symbol
VZ
Transactions as of
Feb 2, 2024
Transactions value $
-$308,560
Form type
4
Date filed
2/6/2024, 07:48 AM
Previous filing
Feb 5, 2024
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VZ Common Stock Options Exercise +21.2K +45.75% 67.5K Feb 2, 2024 Direct F1
transaction VZ Common Stock Tax liability -$309K -7.32K -10.85% $42.13 60.2K Feb 2, 2024 Direct
holding VZ Common Stock 5.15K Feb 2, 2024 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 - 2022 Award Options Exercise -21.2K -100% 0 Feb 2, 2024 Common Stock 21.2K 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.