MOOSE SANDRA O 4
4 · VERIZON COMMUNICATIONS INC · Filed Nov 26, 2012
Insider Transaction Report
Form 4
MOOSE SANDRA O
Director
Transactions
- Exercise/Conversion
Common Stock
2012-11-21$34.15/sh+7,798$266,302→ 13,263 total - Exercise/Conversion
Stock Option Non-Qualified
2012-11-21−7,798→ 0 totalExercise: $34.15From: 2005-02-04Exp: 2014-02-03→ Common Stock (7,798 underlying) - Exercise/Conversion
Stock Option Non-Qualified
2012-11-21−5,465→ 0 totalExercise: $35.81From: 2004-02-03Exp: 2013-02-02→ Common Stock (5,465 underlying) - Exercise/Conversion
Common Stock
2012-11-21$35.81/sh+5,465$195,702→ 5,465 total - Sale
Common Stock
2012-11-21$42.81/sh−13,263$567,789→ 0 total
Footnotes (1)
- [F1]In connection with (i) the spin-off of Verizon's domestic directories on November 17, 2006, and (ii) the spin-off of Verizon's domestic telephone lines on July 1, 2010, stock-based awards held by current and former Verizon directors, including these options, were adjusted pursuant to antidilution provisions of Verizon's Long-Term Incentive Plan. Prior to these adjustments, as of February 3, 2003 and February 4, 2004, these options constituted the right to purchase 5,078 shares of common stock at an exercise price of $38.54 and the right to purchase 7,246 shares of common stock at an exercise price of $36.75.