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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 3/31/22 |
Not Subject to Section 16: 1 |
Issuer: |
| Issuer CIK: 1421182 |
| Issuer Name: Verso Corp |
| Issuer Trading Symbol: VRS |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1733306 |
| | Owner Name: Kuznicki Kevin M |
| Reporting Owner Address: |
| | Owner Street 1: 8540 GANDER CREEK DRIVE |
| | Owner Street 2: |
| | Owner City: MIAMISBURG |
| | Owner State: OH |
| | Owner ZIP Code: 45342 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: SVP, GC & Sec. |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/31/22 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: D |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 24,254.23 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 27.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - 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. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Brian J. Russell, as Attorney-in-Fact |
| Signature Date: 3/31/22 |