VERIZON COMMUNICATIONS INC

Ticker: VZ CUSIP: 92343V104 Class: COM

AMERICAN CAPITAL MANAGEMENT INC's Holding History (CIK: 0001320168)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016

Shares 4,614 Value ($000) $258 Avg Close $31.47 Range $29.78 - $33.95

Q1 2016

Shares 6,597 Value ($000) $357 Avg Close $30.04 Range $26.31 - $32.66

Q4 2015

Shares 6,881 Value ($000) $318 Avg Close $26.92 Range $24.72 - $28.03

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	4,614	$258	$31.47	$29.78 - $33.95
Q1 2016	6,597	$357	$30.04	$26.31 - $32.66
Q4 2015	6,881	$318	$26.92	$24.72 - $28.03