SEC Form 4 · accession 0000899243-17-019383
Verso Corp · VRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allen James Campbell
Officer — SVP and CFO
Period of report
Jul 28, 2017
Accepted (ET)
Aug 1, 2017 · 10:46 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001421182
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Jul 28, 2017 | F | 969 | $4.77 | D | 23,455 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person surrendered to Verso Corporation 969 shares of Class A Common Stock in payment of the tax withholding liability arising from the vesting of 3,141 Stock Units on July 28, 2017.
- F2Consists of (i) 17,172 shares of Class A Common Stock, and (ii) 6,283 Stock Units vesting in two substantially equal annual installments beginning on July 28, 2018. Each Stock Unit represents the right, subject to vesting, to receive one share of Class A Common Stock.