DYER TERRENCE M 4
4 · Verso Corp · Filed Feb 17, 2021
Insider Transaction Report
Form 4
Verso CorpVRS
DYER TERRANCE M
SVP - HR & Comm
Transactions
- Award
Class A Common Stock
2021-02-13+9,788→ 20,503.45 total
Footnotes (2)
- [F1]Consists of 9,788 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, 2022; (ii) 33% on January 1, 2023; and (iii) 34% on January 1, 2024. The reported stock units do not include 9,789 stock units that will vest if certain performance objectives established by the issuer have been met as measured over the three-year period from January 1, 2021 to December 31, 2023
- [F2]Consists of: (i) the 9,788 stock units described in footnote (1); (ii) 2,653 shares of common stock; and (iii) 8,062.45 stock units vesting in two substantially equal annual installments beginning on January 1, 2022.