Narasimhan Laxman 4
4 · VERIZON COMMUNICATIONS INC · Filed Jul 6, 2021
Insider Transaction Report
Form 4
Narasimhan Laxman
Director
Transactions
- Award
Phantom Stock
2021-07-01$56.29/sh+4,554$256,345→ 4,554 total(indirect: By Deferred Compensation Plan)→ Common Stock (4,554 underlying)
Footnotes (1)
- [F1]Each share of phantom stock is the economic equivalent of one share of common stock and is settled in cash. The shares of phantom stock become payable following the reporting person's termination of service as a director.