SEC Form 4 · accession 0001209191-15-038030
Verso Corp · VRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Hinchman IV
Officer — VP & Chief Information Officer
Period of report
Apr 29, 2015
Accepted (ET)
May 1, 2015 · 4:58 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 29, 2015 | A | 3,733 | $0.00 | A | 124,628 | D | |
| Common Stock | holding | — | — | — | 100 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to purchase)F1 | $1.35 | Apr 29, 2015 | A | 8,750 | A | — | Apr 29, 2022 | Common Stock | 8,750 | 8,750 | D |
Explanation of responses
- F1The option vests in three equal annual installments beginning on April 29, 2016.