Ellis Matthew D. 4
4 · VERIZON COMMUNICATIONS INC · Filed Feb 27, 2023
Insider Transaction Report
Form 4
Ellis Matthew D.
EVP and CFO
Transactions
- Award
Phantom Stock (unitized)
2023-02-23$11.00/sh+6,765.169$74,417→ 76,396.274 total(indirect: By Deferred Compensation Plan)→ Common Stock (1,931 underlying)
Footnotes (2)
- [F1]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.
- [F2]Includes phantom stock acquired through dividend reinvestment.