4//SEC Filing
Verso Corp 4
Accession 0000899243-17-017830
CIK 0001421182operating
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 6:01 PM ET
Size
5.3 KB
Accession
0000899243-17-017830
Insider Transaction Report
Form 4
Verso CorpVRS
Kesser Peter H.
Vice President, Secretary
Transactions
- Disposition to Issuer
Class A Common Stock
2017-06-30−7,761→ 0 total
Footnotes (2)
- [F1]Consists of 7,761 Stock Units. Each Stock Unit represents the right, subject to vesting, to receive one share of Class A Common Stock. The Stock Units vest in one-third (1/3) installments on each of the first, second and third anniversaries of the grant date.
- [F2]Verso Corporation agreed to pay to the reporting person the greater of (a) $38,805.00 and (b) the product obtained by multiplying 7,761 by 1.5 by the closing sale price of the Class A Common Stock on the New York Stock Exchange on July 26, 2017, in lieu of the delivery of 7,761 shares of Class A Common Stock upon the accelerated vesting of the Stock Units.
Documents
Issuer
Verso Corp
CIK 0001421182
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001421182
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 6:01 PM ET
- Size
- 5.3 KB