Form 4 for VZ Verizon
Accepted 2023-03-06 00:00:00 ET · period of report 2023-03-02 · accession 0001062993-23-006044 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-06 | 2023-03-02 | VZ | Russo Joseph J. | EVP, Pres-Gbl Networks, Tech | M - OptEx | — | +1,851 | 16.5K | +13% | — |
| D | 2023-03-06 | 2023-03-02 | VZ | Russo Joseph J. | EVP, Pres-Gbl Networks, Tech | F - Tax | $38.41 | -591 | 15.9K | -4% | -$22.7K |
| DI | 2023-03-06 | 2023-03-02 | VZ | Russo Joseph J. | EVP, Pres-Gbl Networks, Tech | A - Grant | $10.96 | +25.26 | 33.1K | +0.1% | +$276.85 |
| D | 2023-03-06 | 2023-03-02 | VZ | Russo Joseph J. | EVP, Pres-Gbl Networks, Tech | A - Grant | $0.00 | +22.9K | 46.7K | +96% | $0 |
| D | 2023-03-06 | 2023-03-02 | VZ | Russo Joseph J. | EVP, Pres-Gbl Networks, Tech | M - OptEx | — | -1,851 | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-02 | M | A | 1,851 | — | 16,487 | D | — | — | (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. |
| 2 | Common | Common Stock | 2023-03-02 | F | D | 591 | $38.41 | 15,896 | D | — | — | |
| 3 | Derivative | Phantom Stock (unitized) | 2023-03-02 | A | A | 25.26 | $10.96 | 33,149.17 | I | — · — to — | 7 Common Stock | (F5) Includes phantom stock acquired through dividend reinvestment. (F4) 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. |
| 4 | Derivative | Restricted Stock Units - 2023 Award | 2023-03-02 | A | A | 22,911 | $0.00 | 46,671 | D | — · — to — | 22,911 Common Stock | (F3) Each RSU represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest in three equal annual installments beginning on March 1, 2024. |
| 5 | Derivative | Restricted Stock Units - 2020 Award | 2023-03-02 | M | D | 1,851 | — | 0 | D By Deferred Compensation Plan | — · — to — | 1,851 Common Stock | (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 March 2, 2021. |