Verizon Communications Notice of PDMR Transaction (0962M)
05 Mai 2015 - 8:01AM
UK Regulatory
TIDMVZC
RNS Number : 0962M
Verizon Communications
01 May 2015
Verizon Communications Inc.
May 1, 2015
Notification of Transactions of Directors, Persons
Discharging
Managerial Responsibility or Connected Persons
The notification listed below was received under paragraph 3.1.2
of the UK's Disclosure and Transparency Rules.
Verizon Communications Inc. (the "Company") makes the following
announcement:
The Company received notification on April 30, 2015 that Daniel
S. Mead, Executive Vice President and President of Strategic
Initiatives of the Company, a person discharging managerial
responsibility, sold 24,945 shares of common stock of the Company
(the "Shares") on April 29, 2015. Mr. Mead sold the Shares in the
United States at a weighted average price per share of USD 50.45.
These shares were sold in multiple transactions at prices per share
ranging from USD 50.41 to USD 50.48. The reporting person will
provide to Verizon Communications Inc., any security holder of
Verizon Communications Inc., or the staff of the U.S. Securities
and Exchange Commission, upon request, full information regarding
the number of Shares sold at each separate price within the range
set forth herein.
The Company received notification on April 30, 2015 that the
trustee of the Verizon 401(k) savings plan, at the direction of
Daniel S. Mead, Executive Vice President and President of Strategic
Initiatives of the Company, a person discharging managerial
responsibility, disposed of 9,907 Shares held in Mr. Mead's plan
account and invested the proceeds in other funds under the plan on
April 29, 2015. The Shares were sold in the United States at an
average price of USD 50.47.
The Company also received notification on May 1, 2015 that the
trustee of the Verizon 401(k) savings plan, at the direction of
Daniel S. Mead, Executive Vice President and President of Strategic
Initiatives of the Company, a person discharging managerial
responsibility, disposed of 1,226 Shares held in Mr. Mead's plan
account and invested the proceeds in other funds under the plan on
April 30, 2015. The Shares were sold in the United States at an
average price of USD 50.44.
William L. Horton, Jr.
Corporate Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
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