VERIZON COMMUNICATIONS INC 4
4 · VERIZON COMMUNICATIONS INC · Filed Feb 25, 2014
Insider Transaction Report
Form 4
Mudge W Robert
Pres. - Cons. & Mass Bus. Mkts
Transactions
- Exercise/Conversion
Restricted Stock Units - 2011-13 Award Cycle
2014-02-14−30,387→ 0 totalFrom: 2014-02-14Exp: 2014-02-14→ Common Stock (30,387 underlying) - Exercise/Conversion
Common Stock
2014-02-14+30,387→ 49,085 total - Tax Payment
Common Stock
2014-02-14$46.51/sh−15,756$732,812→ 33,329 total
Holdings
- 23,836(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock on the payment date, unless deferred at the election of the reporting person. To the extent deferred, each RSU represents the right to have an amount equal to the value of one share of common stock on the payment date credited to the reporting person's deferred compensation plan account and deemed invested in a hypothetical cash-based investment option.