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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report: May 9, 2024

(Date of earliest event reported)

 

 

VERIZON COMMUNICATIONS INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-8606   23-2259884
(State or other jurisdiction
of incorporation)		  

(Commission

File Number)

   (I.R.S. Employer
Identification No.)

 

1095 Avenue of the Americas

New York, New York

   10036
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (212) 395-1000

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

  

Trading
Symbol(s)

  

Name of Each Exchange

on Which Registered

Common Stock, par value $0.10   VZ   New York Stock Exchange
Common Stock, par value $0.10   VZ   The Nasdaq Global Select Market
4.073% Notes due 2024   VZ 24C   New York Stock Exchange
0.875% Notes due 2025   VZ 25   New York Stock Exchange
3.25% Notes due 2026   VZ 26   New York Stock Exchange
1.375% Notes due 2026   VZ 26B   New York Stock Exchange
0.875% Notes due 2027   VZ 27E   New York Stock Exchange
1.375% Notes due 2028   VZ 28   New York Stock Exchange
1.125% Notes due 2028   VZ 28A   New York Stock Exchange
2.350% Fixed Rate Notes due 2028   VZ 28C   New York Stock Exchange
1.875% Notes due 2029   VZ 29B   New York Stock Exchange
0.375% Notes due 2029   VZ 29D   New York Stock Exchange
1.250% Notes due 2030   VZ 30   New York Stock Exchange
1.875% Notes due 2030   VZ 30A   New York Stock Exchange
4.250% Notes due 2030   VZ 30D   New York Stock Exchange
2.625% Notes due 2031   VZ 31   New York Stock Exchange
2.500% Notes due 2031   VZ 31A   New York Stock Exchange
3.000% Fixed Rate Notes due 2031   VZ 31D   New York Stock Exchange
0.875% Notes due 2032   VZ 32   New York Stock Exchange
0.750% Notes due 2032   VZ 32A   New York Stock Exchange
3.500% Notes due 2032   VZ 32B   New York Stock Exchange
1.300% Notes due 2033   VZ 33B   New York Stock Exchange
4.75% Notes due 2034   VZ 34   New York Stock Exchange
4.750% Notes due 2034   VZ 34C   New York Stock Exchange
3.125% Notes due 2035   VZ 35   New York Stock Exchange
1.125% Notes due 2035   VZ 35A   New York Stock Exchange
3.375% Notes due 2036   VZ 36A   New York Stock Exchange
3.750% Notes due 2036   VZ 36B   New York Stock Exchange
2.875% Notes due 2038   VZ 38B   New York Stock Exchange
1.875% Notes due 2038   VZ 38C   New York Stock Exchange
1.500% Notes due 2039   VZ 39C   New York Stock Exchange
3.50% Fixed Rate Notes due 2039   VZ 39D   New York Stock Exchange
1.850% Notes due 2040   VZ 40   New York Stock Exchange
3.850% Fixed Rate Notes due 2041   VZ 41C   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

At the 2024 Annual Meeting of Shareholders of Verizon Communications Inc. held on May 9, 2024, the following items were submitted to a vote of shareholders.

The number of shares of common stock present at the meeting was 3,437,097,432 or 81.66% of the shares of common stock outstanding on March 11, 2024, the record date for the meeting.

 

(a)

The following nominees were elected to serve on the Board of Directors:

 

Name of Nominee   Votes Cast For   Votes Cast Against   Abstentions   Broker Non-Votes

Shellye Archambeau

   2,547,013,517   155,719,182   15,277,507   719,087,226

Roxanne Austin

   2,585,748,112   115,994,238   16,267,856   719,087,226

Mark Bertolini

   2,637,892,483   64,910,590   15,207,133   719,087,226

Vittorio Colao

   2,623,944,181   75,099,199   18,966,826   719,087,226

Laxman Narasimhan

   2,602,890,886   96,316,762   18,802,558   719,087,226

Clarence Otis, Jr.

   2,533,372,347   168,228,285   16,409,574   719,087,226

Daniel Schulman

   2,633,651,503   68,360,157   15,998,546   719,087,226

Rodney Slater

   2,548,099,728   151,934,947   17,975,531   719,087,226

Carol Tomé

   2,662,396,696   39,875,559   15,737,951   719,087,226

Hans Vestberg

   2,452,429,353   237,522,878   28,057,975   719,087,226

 

(b)

The proposal regarding the advisory vote to approve executive compensation was approved with 2,451,280,357 votes for, 245,825,042 votes against, 20,904,807 abstentions and 719,087,226 broker non-votes.

 

(c)

The appointment of Ernst & Young LLP as independent registered public accounting firm for 2024 was ratified with 3,182,061,082 votes for, 178,694,259 votes against and 76,342,091 abstentions.

 

(d)

The shareholder proposal regarding a prohibition on political contributions study was defeated with 167,023,454 votes for, 2,442,434,158 votes against, 108,552,594 abstentions and 719,087,226 broker non-votes.

 

(e)

The shareholder proposal regarding a lobbying activities report was defeated with 923,157,397 votes for, 1,741,639,843 votes against, 53,212,966 abstentions and 719,087,226 broker non-votes.

 

(f)

The shareholder proposal regarding an amendment to the clawback policy was defeated with 878,127,232 votes for, 1,800,571,410 votes against, 39,311,564 abstentions and 719,087,226 broker non-votes.

 

(g)

The shareholder proposal regarding an independent Board chair was defeated with 1,165,666,210 votes for, 1,531,019,039 votes against, 21,324,957 abstentions and 719,087,226 broker non-votes.

 

(h)

The shareholder proposal regarding civil liberties in digital services was defeated with 123,051,316 votes for, 2,536,867,542 votes against, 58,091,348 abstentions and 719,087,226 broker non-votes.

 

(i)

The shareholder proposal regarding a lead-sheathed cable report was defeated with 388,696,949 votes for, 2,269,452,984 votes against, 59,860,273 abstentions and 719,087,226 broker non-votes.

 

(j)

The shareholder proposal regarding political expenditures misalignment was defeated with 464,605,493 votes for, 2,207,013,084 votes against, 46,391,629 abstentions and 719,087,226 broker non-votes.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    VERIZON COMMUNICATIONS INC.
Date: May 13, 2024     By  

/s/ William L. Horton, Jr.

      William L. Horton, Jr.
      Senior Vice President, Deputy General Counsel and Corporate Secretary
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Document and Entity Information
May 09, 2024
Entity Information [Line Items]  
Document Type 8-K
Document Period End Date May 09, 2024
Entity Registrant Name VERIZON COMMUNICATIONS INC.
Entity Incorporation State Country Code DE
Entity File Number 1-8606
Entity Tax Identification Number 23-2259884
Entity Address Address Line 1 1095 Avenue of the Americas
Entity Address City Or Town New York
Entity Address State Or Province NY
Entity Address Postal Zip Code 10036
City Area Code 212
Local Phone Number 395-1000
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Security Exchange Name NYSE
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Entity Information [Line Items]  
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Trading Symbol VZ 25
Security Exchange Name NYSE
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Entity Information [Line Items]  
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Trading Symbol VZ 26
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Entity Information [Line Items]  
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Security Exchange Name NYSE
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Trading Symbol VZ 28
Security Exchange Name NYSE
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Entity Information [Line Items]  
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Trading Symbol VZ 28A
Security Exchange Name NYSE
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Entity Information [Line Items]  
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Trading Symbol VZ 28C
Security Exchange Name NYSE
1.875% Notes due 2029 [Member]  
Entity Information [Line Items]  
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Trading Symbol VZ 29B
Security Exchange Name NYSE
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Entity Information [Line Items]  
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Trading Symbol VZ 29D
Security Exchange Name NYSE
1.250% Notes due 2030 [Member]  
Entity Information [Line Items]  
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Trading Symbol VZ 30
Security Exchange Name NYSE
1.875% Notes due 2030 [Member]  
Entity Information [Line Items]  
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Trading Symbol VZ 30A
Security Exchange Name NYSE
Notes Due 2030, 4.250% [Member]  
Entity Information [Line Items]  
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Trading Symbol VZ 30D
Security Exchange Name NYSE
2.625% Notes due 2031 [Member]  
Entity Information [Line Items]  
Security 12b Title 2.625% Notes due 2031
Trading Symbol VZ 31
Security Exchange Name NYSE
2.500% Notes due 2031 [Member]  
Entity Information [Line Items]  
Security 12b Title 2.500% Notes due 2031
Trading Symbol VZ 31A
Security Exchange Name NYSE
3.000% Fixed Rate Notes Due 2031 [Member]  
Entity Information [Line Items]  
Security 12b Title 3.000% Fixed Rate Notes due 2031
Trading Symbol VZ 31D
Security Exchange Name NYSE
0.875% Notes due 2032 [Member]  
Entity Information [Line Items]  
Security 12b Title 0.875% Notes due 2032
Trading Symbol VZ 32
Security Exchange Name NYSE
0.750% Notes Due 2032 [Member]  
Entity Information [Line Items]  
Security 12b Title 0.750% Notes due 2032
Trading Symbol VZ 32A
Security Exchange Name NYSE
3.500% Notes Due 2032 [Member]  
Entity Information [Line Items]  
Security 12b Title 3.500% Notes due 2032
Trading Symbol VZ 32B
Security Exchange Name NYSE
1.300% Notes due 2033 [Member]  
Entity Information [Line Items]  
Security 12b Title 1.300% Notes due 2033
Trading Symbol VZ 33B
Security Exchange Name NYSE
Notes Due 2034, 4.75% [Member]  
Entity Information [Line Items]  
Security 12b Title 4.75% Notes due 2034
Trading Symbol VZ 34
Security Exchange Name NYSE
4.750% Notes due 2034 [Member]  
Entity Information [Line Items]  
Security 12b Title 4.750% Notes due 2034
Trading Symbol VZ 34C
Security Exchange Name NYSE
3.125% Notes due 2035 [Member]  
Entity Information [Line Items]  
Security 12b Title 3.125% Notes due 2035
Trading Symbol VZ 35
Security Exchange Name NYSE
1.125% Notes Due 2035 [Member]  
Entity Information [Line Items]  
Security 12b Title 1.125% Notes due 2035
Trading Symbol VZ 35A
Security Exchange Name NYSE
3.375% Notes due 2036 [Member]  
Entity Information [Line Items]  
Security 12b Title 3.375% Notes due 2036
Trading Symbol VZ 36A
Security Exchange Name NYSE
3.750% Notes Due 2036 [Member]  
Entity Information [Line Items]  
Security 12b Title 3.750% Notes due 2036
Trading Symbol VZ 36B
Security Exchange Name NYSE
2.875% Notes due 2038 [Member]  
Entity Information [Line Items]  
Security 12b Title 2.875% Notes due 2038
Trading Symbol VZ 38B
Security Exchange Name NYSE
1.875% Notes Due 2038 [Member]  
Entity Information [Line Items]  
Security 12b Title 1.875% Notes due 2038
Trading Symbol VZ 38C
Security Exchange Name NYSE
1.500% Notes due 2039 [Member]  
Entity Information [Line Items]  
Security 12b Title 1.500% Notes due 2039
Trading Symbol VZ 39C
Security Exchange Name NYSE
3.500% Fixed Rate Notes Due 2039 [Member]  
Entity Information [Line Items]  
Security 12b Title 3.50% Fixed Rate Notes due 2039
Trading Symbol VZ 39D
Security Exchange Name NYSE
1.850% Notes Due 2040 [Member]  
Entity Information [Line Items]  
Security 12b Title 1.850% Notes due 2040
Trading Symbol VZ 40
Security Exchange Name NYSE
3.850% Fixed Rate Notes Due 2041 [Member]  
Entity Information [Line Items]  
Security 12b Title 3.850% Fixed Rate Notes due 2041
Trading Symbol VZ 41C
Security Exchange Name NYSE
New York Stock Exchange [Member] | Common Stock [Member]  
Entity Information [Line Items]  
Security 12b Title Common Stock, par value $0.10
Trading Symbol VZ
Security Exchange Name NYSE
The Nasdaq Global Select Market [Member] | Common Stock [Member]  
Entity Information [Line Items]  
Security 12b Title Common Stock, par value $0.10
Trading Symbol VZ
Security Exchange Name NASDAQ
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