VERIZON COMMUNICATIONS INC 4
4 · VERIZON COMMUNICATIONS INC · Filed Jul 11, 2005
Insider Transaction Report
Form 4
BENSON DAVID H
Senior VP and Controller
Transactions
- Tax Payment
Common Stock
2005-07-08$34.74/sh−3,038$105,540→ 0 total(indirect: PSRUs)
Footnotes (1)
- [F1]Reflects the withholding of shares for tax purposes, based upon the market price on the vesting date, in connection with the conversion of PSRUs. In addition, the following securities are also held indirectly; as of 12/31/2004: 1,578 in Savings Plan; 20,439 in 2003 PSUs; and 31,597 in 2004 PSUs; and as reported on Form 4 dated 02/02/2005: 40,190 in 2005 PSUs; and 26,790 in 2005 RSUs; and as reported on Form 4 dated 07/01/2005: 4,438 in Deferred Compensation.