SEC Form 4 · accession 0000899243-18-026955
Verso Corp · VRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Shuster
Director
Period of report
Oct 16, 2018
Accepted (ET)
Oct 18, 2018 · 3:47 pm 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 StockF1,F2 | Oct 16, 2018 | A | 3,263 | $0.00 | A | 23,400 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of 3,263 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 full on the earliest to occur of the following: (a) the first anniversary of the grant date; (b) the date immediately preceding the date on which Verso holds its 2019 annual meeting of stockholders; or (c) the date on which a Change in Control (as defined) occurs.
- F2Consists of 20,137 shares of Class A Common Stock and the 3,263 Stock Units described in footnote (1).