VZ » Topics » Option Exercises and Stock Vested

This excerpt taken from the VZ DEF 14A filed Mar 23, 2009.

Option Exercises and Stock Vested

         Option Awards      Stock Awards  

Name

(a)

      

Number of Shares
Acquired on
Exercise

(#)

(b)

  

Value Realized on
Exercise

($)

(c)

    

Number of Shares
Acquired on
Vesting

(#)

(d)

  

Value Realized on
Vesting

($)

(e)

 

Mr. Seidenberg

       0    0         573,767    19,450,690  

Mr. Strigl

       0    0      303,747    10,297,014  

Mr. Barr

       0    0      190,515    6,458,469  

Ms. Toben

       0    0      187,131    6,343,755 1

Mr. McAdam2

       573,861    9,229,713      158,770    5,382,307  

 

1

Ms. Toben deferred 25% of her 2006 RSU award in the amount of $557,470 into the Verizon Executive Deferral Plan described on pages 45-46.

2

Mr. McAdam exercised cash-settled partnership value appreciation rights granted by Verizon Wireless. Upon exercise he received a cash amount equal to the difference between the then current value of the corresponding Verizon Wireless partnership rights over the exercise price of the rights.

 

This excerpt taken from the VZ DEF 14A filed Mar 17, 2008.

Option Exercises and Stock Vested

     Option Awards        Stock Awards

Name

(a)

   Number of Shares
Acquired on
Exercise
(#)
(b)
   Value Realized on
Exercise
($)
(c)
       Number of Shares
Acquired on
Vesting
(#)
(d)
   Value Realized on
Vesting
($)
(e)

Mr. Seidenberg

   198,416       162,342        389,105    17,000,000

Mr. Strigl

   307,471    1,842,093        198,246      8,661,3541

Mr. Barr

   262,641       887,228        124,336      5,432,223

Ms. Toben

     72,287       285,051        122,120      5,335,4191

Mr. McAdam

            0                 0          86,597      3,783,433

 

1

Mr. Strigl deferred 50% of his RSU award in the amount of $2,023,681 and Ms. Toben deferred 100% of her RSU award in the amount of $2,493,279 into the Verizon Executive Deferral Plan described on page 35.

 

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