Filing Details

Accession Number:
0001233402-11-000136
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-02 14:18:48
Reporting Period:
2011-04-29
Filing Date:
2011-05-02
Accepted Time:
2011-05-02 14:18:48
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
1449650 S Randal Milch Verizon Communications Inc.
140 West Street, 29Th Floor
New York NY 10007
Evp And General Counsel 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 2011-04-29 14,388 $34.15 17,360 No 4 M Direct
Common Stock Disposition 2011-04-29 14,388 $37.78 2,972 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 Phantom Stock (unitized) Acquisiton 2011-04-29 81 $10.83 23 $0.00
Common Stock Stock Option Non-Qualified Disposition 2011-04-29 14,388 $0.00 14,388 $34.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
133,513 No 4 A Indirect
0 2005-02-04 2014-02-03 No 4 M Direct
Footnotes
  1. 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.
  2. Includes phantom stock acquired through dividend reinvestment.
  3. In connection with 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 this adjustment, as of 11/06/2008, these options constituted the right to purchase 13,835 shares of common stock at an exercise price of $35.51.