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If I understand this correctly, you would not actually "transfer" back to Alltel, that 5th line would STAY at Alltel until conversion time comes around. I assume this is because that line still has a contract tied to it, and you don't want to pay the ETF. I would transfer the eligible lines and pick up 4 new phones, you would NOT be able to "buy" the 5th phone without activating it. Depending on how much time is left, you may be able to do a temp number and pay the 9.99/mo to VZW and let that phone sit until you are able to port your last Alltel number over...
Packfanz . . . you can read up a great deal on the integration of Alltel into Verizon at the below Verizon web site link:
http://support.vzw.com/faqs/Account%20Management/alltel_migration.html