VERIZON COMMUNICATIONS INC

Ticker: VZ CUSIP: 92343V104 Class: COM

Vulcan Value Partners, LLC's Holding History (CIK: 0001556785)

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

Q4 2015
Shares 2,681,040 Value ($000) $123,917 Avg Close $26.92 Range $24.72 - $28.03
Q3 2015
Shares 2,525,956 Value ($000) $109,904 Avg Close $27.01 Range $22.30 - $28.27
Q2 2015
Shares 5,749,217 Value ($000) $267,971 Avg Close $28.32 Range $26.98 - $29.45
Q1 2015
Shares 5,213,533 Value ($000) $253,535 Avg Close $27.62 Range $25.98 - $28.62
Q4 2014
Shares 4,463,595 Value ($000) $208,807 Avg Close $27.66 Range $25.52 - $29.27
Q3 2014
Shares 3,371,413 Value ($000) $165,713 Avg Close $27.80 Range $26.97 - $30.03
Q2 2014
Shares 2,987,522 Value ($000) $146,179 Avg Close $26.80 Range $25.38 - $27.86
Q1 2014
Shares 1,855,374 Value ($000) $88,260 Avg Close $25.87 Range $24.89 - $26.87