4//SEC Filing
JACKSON MICHAEL A 4
Accession 0001144204-09-046219
CIK 0001421182other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 3:20 PM ET
Size
8.3 KB
Accession
0001144204-09-046219
Insider Transaction Report
Form 4
JACKSON MICHAEL A
DirectorPresident and CEO
Transactions
- Exercise of In-Money
Units
2009-08-26−376,823→ 38,630 totalExercise: $0.00→ Common Stock (376,823 underlying) - Exercise of In-Money
Common Stock
2009-08-26+376,823→ 379,823 total
Footnotes (4)
- [F1]The reporting person owns units representing a limited partner interest in Verso Paper Management LP. Each vested unit in Verso Paper Management LP may be exchanged, subject to certain restrictions, for one share of common stock of Verso Paper Corp. owned by Verso Paper Management LP.
- [F2]The 376,823 units exchanged by the reporting person in the transaction reported on this Form 4 consist of the following: 376,707 units previously reported on a Form 4 filed by the reporting person on May 22, 2008; and 116 units received involuntarily by the reporting person on August 12, 2009, in a pro rata reallocation of forfeited units pursuant to the limited partnership agreement of Verso Paper Management LP.
- [F3]The 376,823 units exchanged by the reporting person in the transacton reported on this Form 4 became exchangeable on the following dates: 357,392 units on May 20, 2009; 19,315 units on August 1, 2009; and 116 units on August 12, 2009. The remaining 38,630 units owned by the reporting person will become exchangeagle, subject to certain restrictions, on the following dates: 19,315 units on August 1, 2010; and 19,315 units on August 1, 2011.
- [F4]The right to exchange units does not expire.
Documents
Issuer
Verso Paper Corp.
CIK 0001421182
Entity typeother
Related Parties
1- filerCIK 0001311347
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 3:20 PM ET
- Size
- 8.3 KB