JACKSON MICHAEL A 4
4 · Verso Paper Corp. · Filed Sep 14, 2011
Insider Transaction Report
Form 4
JACKSON MICHAEL A
DirectorPresident and CEO
Transactions
- Exercise of In-Money
Units
2011-09-13−19,321→ 0 totalExercise: $0.00→ Common Stock (19,321 underlying) - Exercise of In-Money
Common Stock
2011-09-13+19,321→ 577,371 total
Footnotes (4)
- [F1]The total number of securities owned includes 1,000 shares previously reported by the reporting person on a Form 4 filed June 9, 2010 and excluded from Column 5 on Form 4 filed on March 2, 2011, March 11, 2011 and March 26, 2011.
- [F2]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.
- [F3]The 19,321 units exchanged by the reporting person in the transaction reported on this Form 4 became exchangeable on August 1, 2011, and include six units received involuntarily by the reporting person in a pro rata reallocation of forfeited units pursuant to the limited partnership agreement of Verso Paper Management LP.
- [F4]The right to exchange units does not expire.