Accession Number: | 0001611593-19-000239 |
Date: | 2019-09-19 |
Issuer: | VERIZON COMMUNICATIONS INC (VZ) |
Original Submission Date: |
DUNNE RONAN
VERIZON COMMUNICATIONS INC.
1095 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature 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 | 2019-09-19 | 0 | $0.00 | 48 | indirect |
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 Exercisable | Expiration 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 |
ID | footnote |
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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. |