DiSantis B. Christopher 4
4 · Verso Corp · Filed Apr 1, 2019
Insider Transaction Report
Form 4
Verso CorpVRS
DiSantis B. Christopher
DirectorPresident and CEO
Transactions
- Award
Class A Common Stock
2019-03-28+47,506→ 232,727 total
Footnotes (2)
- [F1]Consists of 47,506 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: (i) 33% on January 1, 2020; (ii) 33% on January 1, 2021; and (iii) 34% on January 1, 2022. The reported Stock Units do not include 47,506 Stock Units that will vest on or about January 1, 2022, if certain performance objectives established by the issuer have been met.
- [F2]Consists of: (i) the 47,506 Stock Units described in footnote (1); (ii) 125,944 Stock Units vesting in two substantially equal installments beginning on February 1, 2020; and (iii) 59,277 Stock Units vesting in two substantially equal installments beginning on January 1, 2021.