Craig L. Silliman - 01 Mar 2024 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Mar 2024, 10:18:16 UTC
Prior SEC filing
04 Mar 2024
Next SEC filing
18 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Brandon N. Egren, Attorney-in-fact for Craig L. Silliman

Key filing fact

Craig L. Silliman filed Form 4 for VERIZON COMMUNICATIONS INC (VZ) on 05 Mar 2024.

Key facts

  • This page summarizes Craig L. Silliman's Form 4 filing for VERIZON COMMUNICATIONS INC (VZ).
  • 10 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 05 Mar 2024, 10:18.

Change

  • Previous filing in this sequence was filed on 04 Mar 2024.
  • Current net transaction value: -$1,211,548.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VZ transaction

Common Stock

Options Exercise

Transaction value
Shares
+14,367
Change %
+22%
Price
Shares after
78,955
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1
VZ transaction

Common Stock

Tax liability

Transaction value
$281,882
Shares
-7,012
Change %
-8.9%
Price
$40.20
Shares after
71,943
Date
01 Mar 2024
Ownership
Direct
VZ transaction

Common Stock

Options Exercise

Transaction value
Shares
+15,586
Change %
+22%
Price
Shares after
87,529
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1
VZ transaction

Common Stock

Tax liability

Transaction value
$305,761
Shares
-7,606
Change %
-8.7%
Price
$40.20
Shares after
79,923
Date
01 Mar 2024
Ownership
Direct
VZ transaction

Common Stock

Options Exercise

Transaction value
Shares
+28,007
Change %
+35%
Price
Shares after
107,930
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1
VZ transaction

Common Stock

Tax liability

Transaction value
$623,904
Shares
-15,520
Change %
-14%
Price
$40.20
Shares after
92,410
Date
01 Mar 2024
Ownership
Direct
VZ holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,155
Date
01 Mar 2024
Ownership
By 401(k)

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VZ transaction Derivative

Restricted Stock Units - 2021 Award

Options Exercise

Transaction value
Shares
-14,367
Change %
-100%
Price
Shares after
0
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
14,367
Exercise price
Footnotes
F1, F2
VZ transaction Derivative

Restricted Stock Units - 2022 Award

Options Exercise

Transaction value
Shares
-15,586
Change %
-50%
Price
Shares after
15,587
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,586
Exercise price
Footnotes
F1, F3
VZ transaction Derivative

Restricted Stock Units - 2023 Award

Options Exercise

Transaction value
Shares
-28,007
Change %
-33%
Price
Shares after
56,017
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
28,007
Exercise price
Footnotes
F1, F4
VZ transaction Derivative

Restricted Stock Units - 2024 Award

Award

Transaction value
$0
Shares
+77,115
Change %
Price
$0.000000
Shares after
77,115
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
77,115
Exercise price
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote F2

Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2022.

Footnote F3

Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2023.

Footnote F4

Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2024.

Footnote F5

Each RSU represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest in three equal annual installments beginning on March 1, 2025.

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