Haas Aaron D. 4
4 · Verso Corp · Filed Mar 23, 2020
Insider Transaction Report
Form 4
Verso CorpVRS
Haas Aaron D.
SVP - Sales & Mktg
Transactions
- Award
Class A Common Stock
2020-03-22+7,883→ 13,053 total
Footnotes (2)
- [F1]Consists of 7,883 stock units. Each stock unit represents the right, subject to vesting, to receive one share of common stock. The stock units will vest as follows: (i) 33% on January 1, 2021; (ii) 33% on January 1, 2022; and (iii) 34% on January 1, 2023. The reported stock units do not include 7,884 stock units that will vest on or about January 1, 2023, if certain performance objectives established by the issuer have been met.
- [F2]Consists of: (i) the 7,883 stock units described in footnote (1); (ii) 363 shares of common stock; (iii) 1,482 stock units vesting in two substantially equal annual installments beginning on January 1, 2021; (iv) 1,107 stock units vesting in two substantially equal annual installments beginning on January 1, 2021; and (v) 2,218 stock units vesting in three substantially equal annual installments beginning on January 1, 2021.