Form Type: 4

SEC EDGAR Link
Acccession Number:0001611593-19-000239
Date:2019-09-19
Issuer: VERIZON COMMUNICATIONS INC (VZ)
Original Submission Date:

Reporting Person:

DUNNE RONAN
VERIZON COMMUNICATIONS INC.
1095 AVENUE OF THE AMERICAS NEW YORK, NY 10036

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-09-19 M 29,438 a $0.00 44,555 direct
COMMON STOCK 2019-09-19 F 14,498 d $59.98 30,057 direct
COMMON STOCK 2019-09-19 D 14,940 d $59.98 15,117 direct
COMMON STOCK 0 $0.00 48 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS - 2016-2018 AWARD CYCLE 0.0 2019-09-19 deemed execution date M 29,438 (d) common stock 29,438 $0.00 0 direct
PHANTOM STOCK (UNITIZED) 0.0 2019-09-19 deemed execution date A 97 (a) common stock 28 $0.00 29,175 indirect by deferred compensation plan
Footnotes
IDfootnote
f1 each restricted stock unit (rsu) represents the right to receive an amount payable in cash equal to the economic equivalent of one share of common stock on the applicable vesting date.
f2 subject to the terms of the rsu agreement, the rsus vest in two equal installments on september 19, 2018 and september 19, 2019, respectively.
f3 each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. the shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan.
f4 includes phantom stock acquired through dividend reinvestment.

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