4//SEC Filing
NewPage Holdings Inc. 4
Accession 0001209191-15-002998
CIK 0001578086operating
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 9:30 PM ET
Size
7.9 KB
Accession
0001209191-15-002998
Insider Transaction Report
Form 4
HUCK PAUL E
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2015-01-07−1,644→ 0 totalExp: 2020-01-23→ Common Stock (1,644 underlying) - Disposition to Issuer
Common Stock
2015-01-07−147→ 0 total
Footnotes (3)
- [F1]Pursuant to the agreement and plan of merger (the "Merger Agreement"), dated January 3, 2014, between the Issuer, Verso Paper Corp. and Verso Merger Sub Inc., providing for Verso Paper Corp. to acquire the Issuer (the "Merger"), upon closing of the Merger, each common share of the Issuer was converted into the right to receive "Merger Consideration" equal to its pro rata portion of: a. approximately $4 million in cash; b. $650 million in principal amount of 11.75% Senior Secured Notes due 2019 to be offered by Verso Paper Holdings LLC and Verso Paper Inc. in connection with the Merger (subject to downward adjustment in certain circumstances in an amount not to exceed $27 million in value); and c. shares of Verso Paper Corp. common stock representing 20% of the number of outstanding Verso Paper Corp. shares as of immediately prior to closing of the Merger.
- [F2]Pursuant to the terms of the Merger Agreement, each RSU was cancelled and automatically converted into the right to receive the Merger Consideration (defined in (1) above).
- [F3]Pursuant to the terms of the Merger Agreement, each RSU became fully vested upon the closing of the Merger.
Documents
Issuer
NewPage Holdings Inc.
CIK 0001578086
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001578086
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 9:30 PM ET
- Size
- 7.9 KB