Brian D. Cullen - 16 Jun 2021 Form 4 Insider Report for Verso Corp (VRS)

Role
SVP and CFO
Signature
/s/ Brian J. Russell, as Attorney-in-Fact
Issuer symbol
VRS
Transactions as of
16 Jun 2021
Transactions value $
$0
Form type
4
Filing time
17 Jun 2021, 16:55:49
Next filing
01 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRS Class A Common Stock Award $0 +28.8K $0.00 28.8K 16 Jun 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 28,752 stock units. Each stock unit represents the right, subject to vesting, to receive one share of common stock. The stock units will vest as follows: (i) 60% on June 16, 2022; and (ii) 40% on June 16, 2023.
F2 Consists of the 28,752 stock units described in footnote (1).