Weinhold Michael A. 4
4 · Verso Corp · Filed Oct 16, 2017
Insider Transaction Report
Form 4
Verso CorpVRS
Weinhold Michael A.
Senior Vice President of
Transactions
- Award
Class A Common Stock
2017-10-12+46,610→ 55,065 total
Footnotes (2)
- [F1]Consists of 46,610 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) 23,305 Stock Units will vest on January 1, 2020; and (b) 23,305 Stock Units will vest on January 1, 2021. The reported Stock Units do not include 46,610 Stock Units that will vest on January 1, 2020, if certain performance objectives that will be established by the issuer have been met.
- [F2]Consists of (i) the 46,610 Stock Units described in footnote (1), (ii) 2,172 shares of Class A Common Stock, and (iii) 6,283 Stock Units vesting in two substantially equal installments beginning on July 28, 2018.