Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
0001233402-12-000162
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-06-01 12:55:38
Reporting Period:
2012-05-31
Filing Date:
2012-06-01
Filing Date Changed:
2012-06-01
Accepted Time:
2012-06-01 13:55:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
732712 Verizon Communications Inc VZ Telephone Communications (No Radiotelephone) (4813) 232259884
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1284999 C Marc Reed Verizon Communications Inc.
140 West Street, 29Th Floor
New York NY 10007
Evp & Chief Admin. Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-05-31 81,698 $33.92 84,629 No 4 M Direct
Common Stock Disposition 2012-05-31 81,698 $41.75 2,931 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option Non-Qualified Disposition 2012-05-31 81,698 $0.00 81,698 $33.92
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2005-02-04 2014-02-03 No 4 M Direct
Footnotes
  1. In connection with (i) the spin-off of Verizon's domestic directories on November 17, 2006, and (ii) the spin-off of Verizon's domestic telephone lines on July 1, 2010, stock-based awards held by current and former Verizon employees, including these options, were adjusted pursuant to antidilution provisions of Verizon's Long-Term Incentive Plan. Prior to these adjustments, as of 4/1/2004, these options constituted the right to purchase 75,900 shares of common stock at an exercise price of $36.50.
  2. The option grant vested in three equal annual installments beginning on this date.
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!