Brian D. Cullen - 29 Jun 2021 Form 4 Insider Report for Verso Corp

Signature
/s/ Brian J. Russell, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
29 Jun 2021
Net transactions value
$0
Form type
4
Filing time
01 Jul 2021, 14:45:17 UTC
Previous filing
17 Jun 2021
Next filing
30 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRS Common Stock Award $0 +167 +0.58% $0.000000 28,919 29 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 166.57 stock units credited to the Reporting Person in the form of dividend equivalent units on stock units previously granted to the Reporting Person. These stock units will vest and become payable on the same terms as the original stock units to which they relate. Each stock unit represents the right, subject to vesting, to receive one share of common stock.
F2 Consists of: (i) 17,351.95 stock units vesting on June 16, 2022; and (ii) 11,566.62 stock units vesting on June 16, 2023.