REED MARC C 4
4 · VERIZON COMMUNICATIONS INC · Filed Feb 26, 2019
Insider Transaction Report
Form 4
REED MARC C
EVP & Chief Admin. Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2019-02-22+35,436→ 140,022 total - Tax Payment
Common Stock
2019-02-22$56.92/sh−17,537$998,206→ 122,485 total - Exercise/Conversion
Restricted Stock Units - 2016-2018 Award Cycle
[F1]2019-02-22−35,436→ 0 totalFrom: 2019-02-22Exp: 2019-02-22→ Common Stock (35,436 underlying)
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.
Signature
William L. Horton, Jr., Attorney-in-fact for Marc C. Reed|2019-02-26