X0306 4 2015-03-26 0000732712 VERIZON COMMUNICATIONS INC VZ 0001284999 REED MARC C VERIZON COMMUNICATIONS INC. 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 1 0 0 EVP & Chief Admin. Officer Phantom Stock (unitized) 2015-03-26 4 A 0 82.646 13.82 A Common Stock 24 134524.452 I By Deferred Compensation Plan 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. Includes phantom stock acquired through dividend reinvestment. William L. Horton, Jr., Attorney-in-fact for Marc C. Reed 2015-03-30