Moncada Ricardo 4
4 · Verso Paper Corp. · Filed Aug 28, 2009
Insider Transaction Report
Form 4
Moncada Ricardo
Vice President of
Transactions
- Exercise of In-Money
Common Stock
2009-08-26+65,944→ 70,944 total - Exercise of In-Money
Units
2009-08-26−65,944→ 6,760 totalExercise: $0.00→ Common Stock (65,944 underlying)
Footnotes (4)
- [F1]The reporting person owns units representing a limited partner interest in Verso Paper Management LP. Each vested unit in Verso Paper Management LP may be exchanged, subject to certain restrictions, for one share of common stock of Verso Paper Corp. owned by Verso Paper Management LP.
- [F2]The 65,944 units exchanged by the reporting person in the transaction reported on this Form 4 consist of the following: 65,924 units previously reported on a Form 4 filed by the reporting person on May 22, 2008; and 20 units received involuntarily by the reporting person on August 12, 2009, in a pro rata reallocation of forfeited units pursuant ot the limited partnership agreement of Verso Paper Management LP.
- [F3]The 65,944 units exchanged by the reporting person in the transaction reported on this Form 4 became exchangeable on the following dates: 62,545 units on May 20, 2009; 3,379 units on August 1, 2009; and 20 units on August 12, 2009. The remaining 6,760 units owned by the reporting person will become exchangeagle, subject to certain restrictions, on the following dates: 3,380 units on August 1, 2010; and 3,380 units on August 1, 2011.
- [F4]The right to exchange units does not expire.