Verso Corp 4
4 · Verso Corp · Filed Feb 9, 2017
Insider Transaction Report
Form 4
Verso CorpVRS
DiSantis B. Christopher
DirectorPresident and CEO
Transactions
- Award
Class A Common Stock
2017-02-07+125,944→ 125,944 total
Footnotes (2)
- [F1]Consists of 125,944 Stock Units. Each Stock Unit represents the right, subject to vesting, to receive one share of Class A Common Stock. The Stock Units will vest as follows: (a) 50% will vest on February 1, 2020; and (b) 50% will vest on February 1, 2021. The reported Stock Units do not include 125,945 Stock Units awarded to the reporting person that will vest upon the achievement of performance objectives to be established by the issuer.
- [F2]Consists of the 125,944 Stock Units described in footnote (1).