Hinchman Benjamin IV 4
4 · Verso Paper Corp. · Filed Sep 14, 2011
Insider Transaction Report
Form 4
Hinchman Benjamin IV
Vice President and
Transactions
- Exercise of In-Money
Units
2011-09-13−3,381→ 0 totalExercise: $0.00→ Common Stock (3,381 underlying) - Exercise of In-Money
Common Stock
2011-09-13+3,381→ 103,562 total
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 3,381 units exchanged by the reporting person in the transaction reported on this Form 4 became exchangeable on August 1, 2011, and include one unit received involuntarily by the reporting person in a pro rata reallocation of forfeited units pursuant to the limited partnership agreement of Verso Paper Management LP.
- [F3]The right to exchange units does not expire.