Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VRS | Common Stock | Award | $0 | +196 | +0.11% | $0.00 | 183K | Jun 29, 2021 | Direct | F1, F2 |
transaction | VRS | Common Stock | Disposed to Issuer | $0 | -8.16K | -4.45% | $0.00 | 175K | Jun 30, 2021 | Direct | F3, F4 |
Allen James Campbell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Consists of 195.82 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) 149,355 shares of common stock; (ii) 11,596.14 stock units vesting on January 1, 2022; (iii) 6,319.47 stock units vesting on January 1, 2022; and (iv) 16,081.81 stock units vesting in two substantially equal annual installments beginning on January 1, 2022. |
F3 | Consists of 8,161.82 stock units that were forfeited upon the Reporting Person's departure from Verso Corporation ("Verso") pursuant to the terms of the applicable award agreement and a retention arrangement approved by the Compensation Committee of Verso's board of directors. |
F4 | Consists of 175,189 shares of common stock. Stock units are rounded down to the nearest whole unit on the vesting date pursuant to the terms of the award agreements. |