SEC Form 4 · accession 0001660690-18-000123
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
Aug 28, 2018
Accepted (ET)
Aug 28, 2018 · 6:32 pm EDT
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 Stock | Aug 28, 2018 | A | 240 | $0.00 | A | 183,892 | 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 UnitsF3,F2 | — | Aug 28, 2018 | A | 52 | A | — | — | Common Stock | 52 | 32,266 | D |
| Market Share UnitsF3,F4 | — | Aug 28, 2018 | A | 34 | A | — | — | Common Stock | 34 | 21,062 | D |
Explanation of responses
- F1Represents dividend equivalent rights that accrued with respect to restricted stock unit awards previously reported under Table 1, which were granted pursuant to the Versum Materials, Inc. Long-Term Incentive Plan and the terms of the applicable award agreement, and will vest with the restricted stock units to which they relate.
- F2Represents dividend equivalent rights that accrued with respect to market share unit awards previously reported on Table II, which were granted pursuant to the Versum Materials, Inc. Long-Term Incentive Plan and the terms of the applicable award agreement, and will vest with the market share units to which they relate. 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 of October 1, 2016 through September 30, 2019. 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 percent of the target number shown.
- F3The number of market share units reported represents the target number awarded on the grant date along with all accrued dividend equivalent rights.
- F4Represents dividend equivalent rights that accrued with respect to market share unit awards previously reported on Table II, which were granted pursuant to the Versum Materials, Inc. Long-Term Incentive Plan and the terms of the applicable award agreement, and will vest with the market share units to which they relate. Each market share unit represents the right to receive, at settlement, the number of shares of 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 of 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 percent of the target number shown.