SEC Form 4 · accession 0001660690-16-000058
Versum Materials, Inc. · VSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guillermo Novo
Officer — President and CEO · Director
Period of report
Nov 29, 2016
Accepted (ET)
Dec 1, 2016 · 7:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001660690
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 29, 2016 | A | 12,659 | $0.00 | A | 164,997 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Share UnitsF2 | — | Nov 29, 2016 | A | 31,981 | A | — | — | Common Stock | 31,981 | 31,981 | D |
Explanation of responses
- F1Represents shares of common stock of Versum Materials, Inc. delivered upon vesting of deferred stock units granted in December 2013, the number of which was earned based upon the financial performance of Air Products and Chemicals, Inc. over fiscal years 2014-2016.
- F2Represents market share units granted to the reporting person on November 29, 2016. The number of market share units reported represents the target number awarded on the grant date. Each market share unit represents the right to receive, at settlement, the number of shares of common stock of Versum Materials, Inc. ("Common Stock") determined by applying a multiplier to the target number of shares which may vest based upon the performance of the Common Stock during the period November 29, 2016 through January 1, 2020. The number of shares of Common Stock that would be received upon vesting of the market share units, if any, may vary from 0% to 150% of the target number shown.