VERIZON COMMUNICATIONS INC 4
4 · VERIZON COMMUNICATIONS INC · Filed Aug 1, 2016
Insider Transaction Report
Form 4
Shammo Francis
President - Verizon Business
Transactions
- Discretionary Transaction
Phantom Stock (unitized)
2016-07-28$15.64/sh−1,784.32$27,907→ 0 total(indirect: By Deferred Compensation Plan)→ Common Stock (509 underlying) - Discretionary Transaction
Common Stock
2016-07-29$55.41/sh−88$4,876→ 0 total(indirect: By 401(k)) - Award
Phantom Stock (unitized)
2016-07-28$15.64/sh+97.36$1,523→ 1,784.32 total(indirect: By Deferred Compensation Plan)→ Common Stock (28 underlying)
Holdings
- 85,374
Common Stock
- 923(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]The reporting person had the right to transfer the value of these shares into an alternative investment under the terms of the 401(k) Plan.
- [F2]Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan.
- [F3]Includes phantom stock acquired through dividend reinvestment.
- [F4]Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan. The reporting person had the right to transfer the value of these shares into an alternative investment under the deferred compensation plan.