| | | | | | | | | | | | | | | | | | | | | | |
Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 2/12/15 |
| Issuer: |
| Issuer CIK: 732712 |
| Issuer Name: VERIZON COMMUNICATIONS INC |
| Issuer Trading Symbol: VZ |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1434386 |
| | Owner Name: Mead Daniel S. |
| Reporting Owner Address: |
| | Owner Street 1: VERIZON COMMUNICATIONS INC. |
| | Owner Street 2: 1095 AVENUE OF THE AMERICAS |
| | Owner City: NEW YORK |
| | Owner State: NY |
| | Owner ZIP Code: 10036 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: EVP and Pres. & CEO - VZW |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/12/15 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 24,898 |
| | | Transaction Price Per Share: |
| Value: 49.70 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 11,065 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By 401(k) |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Phantom Stock (unitized) |
| | Conversion or Exercise Price: |
| | | Footnote ID: F2 |
| | Transaction Date: |
| | | Value: 2/12/15 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 113.495 |
| | | Transaction Price Per Share: |
| Value: 14.13 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 32 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 286,114.213 |
| Footnote ID: F3 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Deferred Compensation Plan |
| Footnotes: |
| Footnote - F1: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices per share ranging from $49.66 to $49.75. The reporting person will provide to Verizon Communications Inc., any security holder of Verizon Communications Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. |
| Footnote - F2: 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. |
| Footnote - F3: Includes phantom stock acquired through dividend reinvestment. |
| Remarks: |
| Owner Signature: |
| Signature Name: William L. Horton, Jr., Attorney-in-fact for Daniel S. Mead |
| Signature Date: 2/17/15 |
