Verizon's LG G2 receives Android 5.0 via an OTA update
Other changes include Lock Screen notifications, and the new "Recent Apps" menu which includes Screen Pinning. The latter prevents the phone from opening any other app except the one that is pinned, until the user decides to unlock it. Holding the "Back" and "Recent" buttons will unpin the phone. Also included are the 64-bit ART compiler that opens apps faster, and Project Volta for enhanced battery life.
Because of the size of the update, you should make sure that you are connected to a Wi-Fi network when downloading and installing it. You should also make sure that your battery is charged to at least 50%. And keep in mind that the update is sent out in waves. If you don't receive the update today, it might come tomorrow or the day after that or the day after that. The point is that the update will eventually arrive. By the way, if you're keeping track, the new software version is VS98039A.
source: Verizon via AndroidCentral