SEC Form 4 · accession 0001660690-17-000154
Versum Materials, Inc. · VSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jessica D Feather-Bowman
Officer — Controller and PAO
Period of report
Nov 21, 2017
Accepted (ET)
Nov 24, 2017 · 7:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001660690
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Share UnitsF1 | — | Nov 21, 2017 | A | 966 | A | — | Sep 30, 2020 | Common Stock | 966 | 966 | D |
Explanation of responses
- F1Represents market share units granted to the reporting person on November 21, 2017. 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 October 1, 2017 through September 30, 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.
Remarks
In October 2017, the Issuer eliminated its common stock as an investment option in the Issuer's 401(k) plan and all shares of the Issuer's common stock held in the 401(k) plan were liquidated.