VERIZON COMMUNICATIONS INC 4
4 · VERIZON COMMUNICATIONS INC · Filed Aug 29, 2016
Insider Transaction Report
Form 4
Shammo Francis
President - Verizon Business
Transactions
- Award
Phantom Stock (unitized)
2016-08-25$15.04/sh+101.236$1,523→ 216.775 total(indirect: By Deferred Compensation Plan)→ Common Stock (29 underlying)
Footnotes (2)
- [F1]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.
- [F2]Includes phantom stock acquired through dividend reinvestment.