Weinhold Michael A. 4
4 · Verso Corp · Filed Jul 31, 2019
Insider Transaction Report
Form 4
Verso CorpVRS
Weinhold Michael A.
Senior Vice President of
Transactions
- Tax Payment
Class A Common Stock
2019-07-29$17.03/sh−899$15,310→ 82,632 total
Footnotes (2)
- [F1]The reporting person surrendered to Verso Corporation 899 shares of Class A Common Stock in payment of the tax withholding liability arising from the vesting of 3,142 Stock Units.
- [F2]Consists of (i) 6,657 shares of Class A Common Stock, (ii) 46,610 Stock Units vesting in two substantially equal installments beginning on January 1, 2020, (iii) 16,301 Stock Units vesting in two substantially equal annual installments beginning on January 1, 2021, and (iv) 13,064 Stock Units vesting in three substantially equal annual installments beginning on January 1, 2020. Each Stock Unit represents the right, subject to vesting, to receive one share of Class A Common Stock.