SEC Form 4 · accession 0001660690-16-000098
Versum Materials, Inc. · VSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George G Bitto
Officer — SVP and CFO
Period of report
Dec 3, 2016
Accepted (ET)
Dec 6, 2016 · 7:20 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 | Dec 5, 2016 | P | 8,000 | $24.72 | A | 59,183 | D | |
| Common StockF2 | Dec 3, 2016 | M | 4,413 | — | A | 63,596 | D | |
| Common StockF3 | Dec 3, 2016 | F | 1,990 | $24.64 | D | 61,606 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4 | — | Dec 3, 2016 | M | 4,413 | D | Dec 3, 2016 | Dec 3, 2016 | Common Stock | 4,413 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.68 to $24.75, inclusive. The reporting person undertakes to provide to Versum Materials, Inc., any security holder of Versum Materials, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3Shares being withheld by the Issuer for payment of tax liability on vesting of restricted stock units.
- F4Each restricted stock unit represents a contingent right to receive one share of Issuer common stock payable in common stock, cash or a combination thereof at the discretion of the Issuer's Compensation Committee.