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

Role
SVP and CFO
Signature
/s/ Brian J. Russell, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
29 Dec 2021
Net transactions value
$0
Form type
4
Filing time
03 Jan 2022, 11:44:34 UTC
Previous filing
30 Sep 2021
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRS Common Stock Award $0 +108 +0.37% $0.000000 29,161 29 Dec 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 107.79 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) 17,497.44 stock units vesting on June 16, 2022; and (ii) 11,663.60 stock units vesting on June 16, 2023.