Nancy M. Taylor - May 6, 2021 Form 4 Insider Report for Verso Corp (VRS)

Role: Director
Signature: /s/ Brian J. Russell, as Attorney-in-Fact
Stock symbol: VRS
Transactions as of: May 6, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/10/2021, 04:41 PM
Next filing: May 12, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VRS	Common Stock	Award	$0	+5.9K	+59.46%	$0.00	15.8K	May 6, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of 5,896 stock units. Each stock unit represents the right, subject to vesting, to receive one share of common stock. The stock units vest in full on the earliest to occur of the following: (a) the first anniversary of the grant date; (b) the date immediately preceding the date of the first annual meeting of Verso Corporation's stockholders that occurs immediately following the Grant Date; or (c) the date on which a Change in Control (as defined) occurs.
F2	Consists of: (i) the 5,896 stock units described in footnote (1); and (ii) 9,915.42 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, or (b) the date on which a Change in Control (as defined) occurs.

Content

Consists of 5,896 stock units. Each stock unit represents the right, subject to vesting, to receive one share of common stock. The stock units vest in full on the earliest to occur of the following: (a) the first anniversary of the grant date; (b) the date immediately preceding the date of the first annual meeting of Verso Corporation's stockholders that occurs immediately following the Grant Date; or (c) the date on which a Change in Control (as defined) occurs.

Consists of: (i) the 5,896 stock units described in footnote (1); and (ii) 9,915.42 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, or (b) the date on which a Change in Control (as defined) occurs.