SEC Form 4 · accession 0001611593-16-000526

VERIZON COMMUNICATIONS INC · VZ

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP and CFO

Period of report

Jul 28, 2016

Accepted (ET)

Aug 1, 2016 · 12:36 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000732712

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jul 29, 2016	I	88	$55.41	D	0	I	By 401(k)
Common Stock	holding	—	—		—	923	I	By Spouse
Common Stock	holding	—	—		—	85,374	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Stock (unitized)^F3,F2	—	Jul 28, 2016	A	97	A	—	—	Common Stock	28	1,784	I
Phantom Stock (unitized)^F4	—	Jul 28, 2016	I	1,784	D	—	—	Common Stock	509	0	I

F1The reporting person had the right to transfer the value of these shares into an alternative investment under the terms of the 401(k) Plan.
F2Each 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.
F3Includes phantom stock acquired through dividend reinvestment.
F4Each 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.