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, 2012		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
Granted		5,278			7,359
Payments		(6,202	)		(9,153	)
Cancelled/Forfeited		(262	)		(1,964	)

Outstanding December 31, 2014		15,007			19,966