JACKSON MICHAEL A 4
4 · Verso Paper Corp. · Filed Mar 15, 2011
Insider Transaction Report
Form 4
JACKSON MICHAEL A
DirectorPresident and CEO
Transactions
- Exercise of In-Money
Common Stock
2011-03-11+19,315→ 558,879 total - Exercise of In-Money
Units
2011-03-11−19,315→ 19,315 totalExercise: $0.00→ Common Stock (19,315 underlying)
Footnotes (3)
- [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 19,315 units exchanged by the reporting person on this Form 4 became exchangeable on August 1, 2010. The remaining 19,315 units owned by the reporting person will become exchangeable, subject to certain restrictions, on August 1, 2011.
- [F3]The right to exchange units does not expire.