VERIZON COMMUNICATIONS INC 4
4 · VERIZON COMMUNICATIONS INC · Filed Nov 12, 2013
Insider Transaction Report
Form 4
PRICE HUGH B
Director
Transactions
- Sale
Common Stock
2013-11-11$49.90/sh−7,798$389,120→ 58 total - Exercise/Conversion
Stock Option Non-Qualified
2013-11-11−7,798→ 0 totalExercise: $34.15From: 2005-02-04Exp: 2014-02-03→ Common Stock (7,798 underlying) - Exercise/Conversion
Common Stock
2013-11-11$34.15/sh+7,798$266,302→ 7,856 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 02/04/2004, these options constituted the right to purchase 7,246 shares of common stock at an exercise price of $36.75.