SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Kheradpir Shaygan

(Last)

(First)

(Middle)

VERIZON COMMUNICATIONS INC.

140 WEST STREET, 29TH FLOOR

(Street)

NEW YORK

10007

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2007

3. Issuer Name and Ticker or Trading Symbol
VERIZON COMMUNICATIONS INC [ VZ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP & Chief Info. Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	38,340	I	2004 Performance Stock Units (PSUs)
Common Stock	49,307	I	2005 Performance Stock Units (PSUs)
Common Stock	53,628	I	2006 Performance Stock Units (PSUs)
Common Stock	61,092	I	2005 Restricted Stock Units (RSUs)
Common Stock	35,748	I	2006 Restricted Stock Units (RSUs)
Common Stock	28,330	I	Deferred Compensation
Common Stock	3,841	I	Savings Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option Non-Qualified	02/17/1998	02/16/2007	Common Stock	14,015	$38.52	D
Stock Option Non-Qualified	02/18/1999	02/17/2008	Common Stock	12,753	$43.07	D
Stock Option Non-Qualified	09/03/1999	09/02/2008	Common Stock	5,808	$37.95	D
Stock Option Non-Qualified	02/16/2000	02/15/2009	Common Stock	19,824	$51.51	D
Stock Option Non-Qualified	11/04/2000	11/03/2009	Common Stock	15,026	$58.49	D
Stock Option Non-Qualified	02/10/2001	02/09/2010	Common Stock	38,891	$53.97	D
Stock Option Non-Qualified	06/30/2003	06/30/2010	Common Stock	134,550	$41.88	D
Stock Option Non-Qualified	01/11/2002	01/10/2011	Common Stock	115,081	$54.32	D
Stock Option Non-Qualified	01/24/2003	01/23/2012	Common Stock	121,509	$47.03	D
Stock Option Non-Qualified	02/03/2004	02/02/2013	Common Stock	94,081	$37.24	D
Stock Option Non-Qualified	02/04/2005	02/03/2014	Common Stock	92,218⁽¹⁾	$35.51	D

Explanation of Responses:

1. Two-thirds of option grant vested; remaining one-third of option grant vests on 02/04/2007.

Remarks:

	Phillip M. Huston, Jr. attorney-in-fact for Shaygan Kheradpir	01/12/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.