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 | ) | ||||
|
|
|
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|
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 | ) | ||||
|
|
|
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|
Outstanding December 31, 2013 |
16,193 | 23,724 | ||||||
|
|
|
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