0000899243-21-002453.txt : 20210120 0000899243-21-002453.hdr.sgml : 20210120 20210120100311 ACCESSION NUMBER: 0000899243-21-002453 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210115 FILED AS OF DATE: 20210120 DATE AS OF CHANGE: 20210120 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Haas Aaron D. CENTRAL INDEX KEY: 0001806227 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34056 FILM NUMBER: 21537596 MAIL ADDRESS: STREET 1: 8540 GANDER CREEK DRIVE CITY: MIAMISBURG STATE: OH ZIP: 45342 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Verso Corp CENTRAL INDEX KEY: 0001421182 STANDARD INDUSTRIAL CLASSIFICATION: PAPER MILLS [2621] IRS NUMBER: 753217389 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 8540 GANDER CREEK DRIVE CITY: MIAMISBURG STATE: OH ZIP: 45342 BUSINESS PHONE: (877) 855-7243 MAIL ADDRESS: STREET 1: 8540 GANDER CREEK DRIVE CITY: MIAMISBURG STATE: OH ZIP: 45342 FORMER COMPANY: FORMER CONFORMED NAME: Verso Paper Corp. DATE OF NAME CHANGE: 20071213 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-01-15 0 0001421182 Verso Corp VRS 0001806227 Haas Aaron D. 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342 0 1 0 0 SVP - Sales & Mktg Class A Common Stock 2021-01-15 4 A 0 2350 0.00 A 18384.36 D Class A Common Stock 2021-01-15 4 F 0 780 12.54 D 17604.36 D Consists of 2,350 shares of common stock acquired upon the vesting of 1,482 performance-based stock units granted on February 22, 2018 and 599 dividend equivalent units subsequently credited to the Reporting Person. The performance conditions applicable to the award were determined to have been satisfied by Verso Corporation's ("Verso") Compensation Committee on January 15, 2021, resulting in the stock units vesting at 113% of the original grant based upon the compound annual growth rate ("CAGR") of Verso's publicly traded voting common stock price over the three-year period from January 1, 2018 to January 1, 2021 (the "Measurement Period") as compared to the CAGR during the Measurement Period of the publicly traded voting common stock prices of a peer group of companies. The reporting person surrendered to Verso 780 shares of common stock to satisfy applicable tax withholding liability in connection with the performance-based award referenced above. Consists of: (i) 6,265 shares of common stock; (ii) 1,040.81stock units vesting on January 1, 2022; (iii) 790.78 stock units vesting on January 1, 2022; and (iv) 9,507.77 stock units vesting in two substantially equal annual installments beginning on January 1, 2022. /s/ Brian J. Russell, as Attorney-in-Fact 2021-01-20