# EDGAR Filing Document

**Accession Number:** 0000732712
**File Stem:** 0001193125-23-043340
**Filing Date:** 2023-2
**Character Count:** 19291
**Document Hash:** 3671a880da494ee5ddce204f4368b4f0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-043340.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001193125-23-043340

**CONFORMED SUBMISSION TYPE**: 424B2

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230221

**DATE AS OF CHANGE**: 20230221

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VERIZON COMMUNICATIONS INC
- **CENTRAL INDEX KEY:** 0000732712
- **STANDARD INDUSTRIAL CLASSIFICATION:** TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
- **IRS NUMBER:** 232259884
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 424B2
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-267245
- **FILM NUMBER:** 23647195

**BUSINESS ADDRESS:**
- **STREET 1:** 1095 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 212-395-1000

**MAIL ADDRESS:**
- **STREET 1:** 1095 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BELL ATLANTIC CORP
- **DATE OF NAME CHANGE:** 19920703

**Filed under Rule 424(b)(2), File No. 333-267245** 

Pricing Supplement No. 127 - Dated Tuesday, February 21, 2023 (To: Prospectus dated September 2, 2022 and Prospectus Supplement dated September 2, 2022)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CUSIP**<br> **Number**<br>| **Principal<br>Amount**<br>| **Selling<br>Price**<br>| **Gross<br>Concession**<br>| **Net<br>Proceeds**<br>| **Coupon<br>Type**<br>| **Coupon<br>Rate**<br>| **Coupon<br>Frequency**<br>| **Maturity**<br> **Date**<br>| **1st Coupon<br>Date**<br>| **1st Coupon<br>Amount**<br>| **Survivor's<br>Option**<br>| **Product**<br> **Ranking**<br>|
| **92346MKY6** | **$1111000.00** | **100.00%** | **1.450%** | **$1094890.50** | **Fixed** | **4.800%** | **Semi-Annual** | **02/15/2030** | **8/15/2023** | **$22.80** | **Yes** | **Senior Unsecured Notes** |
|  Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. | Redemption Information: Callable at 100% on 2/15/2024 and any time thereafter with 10 calendar days notice. |
| Verizon Communications Inc. | Verizon Communications Inc. | Verizon Communications Inc. |  | Offering Date: Monday, February 13, 2023 through Tuesday, February 21, 2023 | Offering Date: Monday, February 13, 2023 through Tuesday, February 21, 2023 | Offering Date: Monday, February 13, 2023 through Tuesday, February 21, 2023 | Offering Date: Monday, February 13, 2023 through Tuesday, February 21, 2023 | Offering Date: Monday, February 13, 2023 through Tuesday, February 21, 2023 | Offering Date: Monday, February 13, 2023 through Tuesday, February 21, 2023 | Offering Date: Monday, February 13, 2023 through Tuesday, February 21, 2023 | Verizon Communications Inc. | Verizon Communications Inc. |
| One Verizon Way | One Verizon Way | One Verizon Way |  | Trade Date: Tuesday, February 21, 2023 @ 12:00 PM ET | Trade Date: Tuesday, February 21, 2023 @ 12:00 PM ET | Trade Date: Tuesday, February 21, 2023 @ 12:00 PM ET | Trade Date: Tuesday, February 21, 2023 @ 12:00 PM ET | Trade Date: Tuesday, February 21, 2023 @ 12:00 PM ET | Trade Date: Tuesday, February 21, 2023 @ 12:00 PM ET | Trade Date: Tuesday, February 21, 2023 @ 12:00 PM ET | Verizon InterNotes <sup>®</sup> | Verizon InterNotes <sup>®</sup> |
| Basking Ridge, New Jersey 07920-1097 | Basking Ridge, New Jersey 07920-1097 | Basking Ridge, New Jersey 07920-1097 | Basking Ridge, New Jersey 07920-1097 | Settle Date: Friday, February 24, 2023 | Settle Date: Friday, February 24, 2023 | Settle Date: Friday, February 24, 2023 | Settle Date: Friday, February 24, 2023 | Settle Date: Friday, February 24, 2023 | Settle Date: Friday, February 24, 2023 | Settle Date: Friday, February 24, 2023 | Prospectus dated September 2, 2022 and Prospectus | Prospectus dated September 2, 2022 and Prospectus |
|  |  |  |  | Minimum Denomination/Increments: $1,000.00/$1,000.00 | Minimum Denomination/Increments: $1,000.00/$1,000.00 | Minimum Denomination/Increments: $1,000.00/$1,000.00 | Minimum Denomination/Increments: $1,000.00/$1,000.00 | Minimum Denomination/Increments: $1,000.00/$1,000.00 | Minimum Denomination/Increments: $1,000.00/$1,000.00 | Minimum Denomination/Increments: $1,000.00/$1,000.00 | Supplement dated September 2, 2022 | Supplement dated September 2, 2022 |
|  |  |  |  | Initial trades settle flat and clear SDFS: DTC Book Entry only | Initial trades settle flat and clear SDFS: DTC Book Entry only | Initial trades settle flat and clear SDFS: DTC Book Entry only | Initial trades settle flat and clear SDFS: DTC Book Entry only | Initial trades settle flat and clear SDFS: DTC Book Entry only | Initial trades settle flat and clear SDFS: DTC Book Entry only | Initial trades settle flat and clear SDFS: DTC Book Entry only |  |  |
|  |  |  |  | DTC Number 0235 via RBC Dain Rauscher Inc | DTC Number 0235 via RBC Dain Rauscher Inc | DTC Number 0235 via RBC Dain Rauscher Inc | DTC Number 0235 via RBC Dain Rauscher Inc | DTC Number 0235 via RBC Dain Rauscher Inc | DTC Number 0235 via RBC Dain Rauscher Inc | DTC Number 0235 via RBC Dain Rauscher Inc |  |  |
|  |  |  |  | <br> Joint Lead Manager and Lead Agent: InspereX<br> Agents: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors<br>Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Agents purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price. Notes purchased by the Agents for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the Agents on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such Agents will not retain any portion of the sales price as compensation.<br>If the maturity date or an interest payment date for any note is not a business day (as defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.<br>The Verizon InterNotes<sup>®</sup> will be represented by a Master Note in fully registered form, without coupons. The Master Note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement. | <br> Joint Lead Manager and Lead Agent: InspereX<br> Agents: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors<br>Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Agents purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price. Notes purchased by the Agents for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the Agents on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such Agents will not retain any portion of the sales price as compensation.<br>If the maturity date or an interest payment date for any note is not a business day (as defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.<br>The Verizon InterNotes<sup>®</sup> will be represented by a Master Note in fully registered form, without coupons. The Master Note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement. | <br> Joint Lead Manager and Lead Agent: InspereX<br> Agents: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors<br>Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Agents purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price. Notes purchased by the Agents for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the Agents on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such Agents will not retain any portion of the sales price as compensation.<br>If the maturity date or an interest payment date for any note is not a business day (as defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.<br>The Verizon InterNotes<sup>®</sup> will be represented by a Master Note in fully registered form, without coupons. The Master Note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement. | <br> Joint Lead Manager and Lead Agent: InspereX<br> Agents: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors<br>Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Agents purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price. Notes purchased by the Agents for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the Agents on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such Agents will not retain any portion of the sales price as compensation.<br>If the maturity date or an interest payment date for any note is not a business day (as defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.<br>The Verizon InterNotes<sup>®</sup> will be represented by a Master Note in fully registered form, without coupons. The Master Note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement. | <br> Joint Lead Manager and Lead Agent: InspereX<br> Agents: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors<br>Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Agents purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price. Notes purchased by the Agents for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the Agents on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such Agents will not retain any portion of the sales price as compensation.<br>If the maturity date or an interest payment date for any note is not a business day (as defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.<br>The Verizon InterNotes<sup>®</sup> will be represented by a Master Note in fully registered form, without coupons. The Master Note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement. | <br> Joint Lead Manager and Lead Agent: InspereX<br> Agents: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors<br>Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Agents purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price. Notes purchased by the Agents for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the Agents on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such Agents will not retain any portion of the sales price as compensation.<br>If the maturity date or an interest payment date for any note is not a business day (as defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.<br>The Verizon InterNotes<sup>®</sup> will be represented by a Master Note in fully registered form, without coupons. The Master Note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement. | <br> Joint Lead Manager and Lead Agent: InspereX<br> Agents: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors<br>Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Agents purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price. Notes purchased by the Agents for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the Agents on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such Agents will not retain any portion of the sales price as compensation.<br>If the maturity date or an interest payment date for any note is not a business day (as defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.<br>The Verizon InterNotes<sup>®</sup> will be represented by a Master Note in fully registered form, without coupons. The Master Note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement. | <br> Joint Lead Manager and Lead Agent: InspereX<br> Agents: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors<br>Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Agents purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price. Notes purchased by the Agents for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the Agents on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such Agents will not retain any portion of the sales price as compensation.<br>If the maturity date or an interest payment date for any note is not a business day (as defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.<br>The Verizon InterNotes<sup>®</sup> will be represented by a Master Note in fully registered form, without coupons. The Master Note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement. |  |

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## Ex-Filing

**Exhibit 107** 

**Calculation of Filing Fee Table** 

FORM S-3

(Form Type)

VERIZON COMMUNICATIONS INC.

(Exact Name of Registrant as Specified in its Charter)

<u>Table 1: Newly Registered and Carry Forward Securities</u> 

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Security** <br> **Type**  | **Security**<br> **Class Title** | **Fee <br>Calculation <br>or Carry <br>Forward <br>Rule** | **Amount<br>Registered** | **Proposed<br>Maximum<br>Offering<br>Price Per<br>Unit** | **Maximum<br>Aggregate<br>Offering**<br> **Price** | **Fee**<br> **Rate** | **Amount of <br>Registration <br>Fee** |
| &nbsp;&nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;&nbsp;Newly Registered Securities | &nbsp;&nbsp;&nbsp;Newly Registered Securities |
| &nbsp;&nbsp;&nbsp;**Fees to be Paid** | Debt | Senior Unsecured Notes | 457(r) | $1111000 | 100.00% | $1111000 | $110.20 per $1 million | $122.43 |

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The prospectus supplement to which this exhibit is attached is a final prospectus for the related offering. The maximum amount of that offering is $1,111,000.