SEC Form 4 · accession 0001660690-17-000010
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
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 5:00 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 | Feb 1, 2017 | M | 14,271 | $0.00 | A | 75,877 | D | |
| Common StockF2 | Feb 1, 2017 | F | 4,497 | $28.05 | D | 71,380 | 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 UnitsF3 | — | Feb 1, 2017 | M | 14,271 | D | Feb 1, 2017 | Feb 1, 2017 | Common Stock | 14,271 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Shares being automatically withheld by the Issuer for payment of tax liability on vesting of restricted stock units pursuant to the terms of the award.
- F3Each 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.