Keeth Martha Frances 4
4 · VERIZON COMMUNICATIONS INC · Filed Mar 12, 2013
Insider Transaction Report
Form 4
Keeth Martha Frances
Director
Transactions
- Award
Phantom Stock
2013-03-08+3,128→ 37,246 total(indirect: By Deferred Compensation Plan)→ Common Stock (3,128 underlying)
Footnotes (2)
- [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.
- [F2]Includes phantom stock acquired through dividend reinvestment.