VERIZON COMMUNICATIONS INC 4
4 · VERIZON COMMUNICATIONS INC · Filed Nov 9, 2015
Insider Transaction Report
Form 4
Kley Karl-Ludwig
Director
Transactions
- Award
Phantom Stock
2015-11-05$46.20/sh+3,541.126$163,600→ 3,541.126 total(indirect: By Deferred Compensation Plan)→ Common Stock (3,541.126 underlying)
Footnotes (1)
- [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.