SEC Form 4 · accession 0001611593-17-000029
VERIZON COMMUNICATIONS INC · VZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew D. Ellis
Officer — EVP and CFO
Period of report
Feb 3, 2017
Accepted (ET)
Feb 7, 2017 · 2:41 pm EST
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 StockF1 | Feb 3, 2017 | M | 11,445 | — | A | 17,713 | D | |
| Common Stock | Feb 3, 2017 | F | 4,328 | $48.58 | D | 13,385 | D | |
| Common Stock | holding | — | — | — | 858 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Chairman's Restricted Stock Units - 2014-2017 Award CycleF1 | — | Feb 3, 2017 | M | 11,445 | D | Feb 3, 2017 | Feb 3, 2017 | Common Stock | 11,445 | 0 | D |
Explanation of responses
- F1Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock on the payment date.