SEC Form 4 · accession 0001611593-16-000553

VERIZON COMMUNICATIONS INC · VZ

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

Reporting owner

Officer — Chairman and CEO · Director

Period of report

Sep 8, 2016

Accepted (ET)

Sep 12, 2016 · 5:04 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	Sep 9, 2016	M	489,141	—	A	845,333	D
Common Stock	Sep 9, 2016	F	253,620	$51.82	D	591,713	D
Common Stock^F2	Sep 9, 2016	M	104,816	—	A	696,529	D
Common Stock	Sep 9, 2016	F	54,348	$51.82	D	642,181	D
Common Stock	holding	—	—		—	2,990	I	By 401(k)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Stock Units - 2011-2016 Award Cycle^F1	—	Sep 9, 2016	M	489,141	A	Sep 9, 2016	Sep 9, 2016	Common Stock	489,141	0	D
Restricted Stock Units - 2011-2016 Award Cycle^F2	—	Sep 9, 2016	M	104,816	A	Sep 9, 2016	Sep 9, 2016	Common Stock	104,816	0	D
Phantom Stock (unitized)^F4,F3	—	Sep 8, 2016	A	202	A	—	—	Common Stock	57	321,074	I

F1Each Performance Stock Unit (PSU) represents the right to receive one share of common stock on the payment date.
F2Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock on the payment date.
F3Each 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.
F4Includes phantom stock acquired through dividend reinvestment.