St. John Adam 4
4 · Verso Corp · Filed Sep 14, 2020
Insider Transaction Report
Form 4
Verso CorpVRS
St. John Adam
SVP - Manufacturing
Transactions
- Tax Payment
Class A Common Stock
2020-09-10−2,808→ 7,266 total(indirect: By Spouse)
Holdings
- 143,587
Class A Common Stock
Footnotes (3)
- [F1]The reporting person's spouse surrendered to Verso Corporation 2,808 shares of common stock in payment of the tax withholding liability arising from the vesting of 10,074 stock units. Common stock from that vesting were issued and delivered to the reporting person's spouse, less shares withheld for tax withholding liability, on September 10, 2020.
- [F2]Consists of 7,266 shares of common stock.
- [F3]Consists of: (i) 65,181 shares of common stock; (ii) 21,187 stock units vesting on January 1, 2021; (iii) 14,819 stock units vesting in two substantially equal annual installments beginning on January 1, 2021; (iv) 7,957 stock units vesting in two substantially equal annual installments beginning on January 1, 2021; (v) 3,768 stock units vesting in two substantially equal annual installments beginning on January 1, 2021; and (vi) 30,675 stock units vesting in three substantially equal annual installments beginning on January 1, 2021.