VERIZON COMMUNICATIONS INC | 2013 | FY | 3


The following table summarizes Verizon’s Restricted Stock Unit and Performance Stock Unit activity:

 

(shares in thousands)    Restricted Stock
Units
    Performance Stock
Units
 

Outstanding January 1, 2011

     20,923       32,380  

Granted

     6,667       10,348  

Payments

     (7,600     (12,137

Cancelled/Forfeited

     (154     (2,977
  

 

 

 

Outstanding December 31, 2011

     19,836       27,614  

Granted

     6,350       20,537  

Payments

     (7,369     (8,499

Cancelled/Forfeited

     (148     (189
  

 

 

 

Outstanding December 31, 2012

     18,669       39,463  

Granted

     4,950       7,470  

Payments

     (7,246     (22,703

Cancelled/Forfeited

     (180     (506
  

 

 

 

Outstanding December 31, 2013

     16,193       23,724  
  

 

 

 

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