Marvin D. Cooper - Mar 31, 2022 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
Mar 31, 2022
Transactions value $
-$393,396
Form type
4
Date filed
3/31/2022, 11:22 AM
Previous filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRS Common Stock Disposed to Issuer -$393K -14.6K -100% $27.00 0 Mar 31, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Marvin D. Cooper is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to that certain Agreement and Plan of Merger, dated as of December 19, 2021, by and among Verso Corporation, BillerudKorsnas Inc., West Acquisition Merger Sub Inc. and, solely for purposes of certain sections thereof, BillerudKorsnas AB (the "Merger Agreement"), at the effective time of the transactions described in the Merger Agreement ("Transactions"), all equity securities held by the Reporting Person were disposed of for cash or converted into cash based awards, as applicable, in each case, pursuant to the terms set forth in the Merger Agreement.