Sec Form 4 Filing - Valente Michael W @ Versum Materials, Inc. - 2017-11-21

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Valente Michael W
2. Issuer Name and Ticker or Trading Symbol
Versum Materials, Inc. [ VSM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, Law and HR, GC, Secretary
(Last) (First) (Middle)
VERSUM MATERIALS, INC., 8555 SOUTH RIVER PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
11/21/2017
(Street)
TEMPE, AZ85284
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/21/2017 A 4,217 A $ 0 ( 1 ) 52,212.497 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Market Share Units ( 2 ) 11/21/2017 A 5,036 ( 2 ) 09/30/2020( 2 ) Common Stock 5,036 $ 0 5,036 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Valente Michael W
VERSUM MATERIALS, INC.
8555 SOUTH RIVER PARKWAY
TEMPE, AZ85284
SVP, Law and HR, GC, Secretary
Signatures
/s/ Michael W. Valente 11/21/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares of common stock of Versum Materials, Inc. delivered upon vesting of deferred stock units granted in December 2014, the number of which was earned based upon the financial performance of Air Products and Chemicals, Inc. over fiscal years 2015-2016 and the financial performance of Versum Materials, Inc. over fiscal year 2017.
( 2 )Represents market share units granted to the reporting person on November 21, 2017. The number of market share units reported represents the target number awarded on the grant date. Each market share unit represents the right to receive, at settlement, the number of shares of common stock of Versum Materials, Inc. ("Common Stock") determined by applying a multiplier to the target number of shares which may vest based upon the performance of the Common Stock during the period October 1, 2017 through September 30, 2020. The number of shares of Common Stock that would be received upon vesting of the market share units, if any, may vary from 0% to 150% of the target number shown.

Remarks:
In October 2017, the Issuer eliminated its common stock as an investment option in the Issuer's 401(k) plan and all shares of the Issuer's common stock held in the 401(k) plan were liquidated.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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