REED MARC C 4
4 · VERIZON COMMUNICATIONS INC · Filed Feb 26, 2019
Insider Transaction Report
Form 4
REED MARC C
EVP - Human Resources
Transactions
- Exercise/Conversion
Common Stock
2019-02-22+35,436→ 140,022 total - Exercise/Conversion
Restricted Stock Units - 2016-2018 Award Cycle
2019-02-22−35,436→ 0 totalFrom: 2019-02-22Exp: 2019-02-22→ Common Stock (35,436 underlying) - Tax Payment
Common Stock
2019-02-22$56.92/sh−17,537$998,206→ 122,485 total
Holdings
- 2,931(indirect: By Trust)
Common Stock
- 6,565(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.