4//SEC Filing
Nebel Randy J. 4
Accession 0000899243-21-049868
CIK 0001421182other
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 10:39 AM ET
Size
5.8 KB
Accession
0000899243-21-049868
Insider Transaction Report
Form 4
Verso CorpVRS
Nebel Randy J.
Director
Transactions
- Award
Common Stock
2021-12-27+17,589→ 122,292.11 total
Footnotes (2)
- [F1]Consists of 17,589 shares of common stock issued as payment of 50% of the Reporting Person's bonus under the 2021 Verso Incentive Plan, after applicable tax withholding. As disclosed in Verso Corporation's Form 8-K filed on December 21, 2021, on December 19, 2021, Verso Corporation's Board of Directors (the "Board"), pursuant to the recommendation of the compensation committee of the Board, approved payment in December 2021 of the estimated bonus due to the Reporting Person under the 2021 Verso Incentive Plan with respect to the 2021 performance year subject to recoupment or clawback (in whole or in part) in certain specified circumstances.
- [F2]Consists of: (i) 32,589 shares of common stock; (ii) 79,683.81 stock units vesting in three substantially equal annual installments beginning on January 1, 2022; and (iii) 10,019.3 vested stock units that will become deliverable after the first to occur of (a) the date on which the Reporting Person ceases to provide services to Verso Corporation as a director, or (b) the date on which a Change in Control (as defined) occurs.
Documents
Issuer
Verso Corp
CIK 0001421182
Entity typeother
Related Parties
1- filerCIK 0001584161
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 10:39 AM ET
- Size
- 5.8 KB