Pambianchi Christine M 4
4 · VERIZON COMMUNICATIONS INC · Filed Jul 12, 2021
Insider Transaction Report
Form 4
Pambianchi Christine M
EVP & Chief HR Officer
Transactions
- Exercise/Conversion
Common Stock
2021-07-08+33,261→ 54,384 total - Tax Payment
Common Stock
2021-07-08$55.68/sh−17,013$947,284→ 37,371 total - Exercise/Conversion
Restricted Stock Units - 2019-2022 Award Cycle
2021-07-08−33,261→ 33,261 total→ Common Stock (33,261 underlying) - Award
Phantom Stock (unitized)
2021-07-08$15.84/sh+70.648$1,119→ 11,419.145 total(indirect: By Deferred Compensation Plan)→ Common Stock (20 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock on the payment date with respect to the date that the RSU vests.
- [F2]Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on July 8, 2020.
- [F3]Each 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.
- [F4]Includes phantom stock acquired through dividend reinvestment.