Attached files
| file | filename |
|---|---|
| EX-99.1 - MERRILL LYNCH DEPOSITOR INC PREFERREDPLUS TRUST SERIES VER-1 | pplusver18-kex991_0305.htm |
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
__________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
_________________________
Date of Report (Date of earliest event reported): March 5, 2014
MERRILL LYNCH DEPOSITOR, INC.
(on behalf of PREFERREDPLUS TRUST SERIES VER-1)
(Exact name of registrant as specified in its charter)
| Delaware | 001-31409 | 13-3891329 |
|
(State or other
jurisdiction of
incorporation)
|
(Commission
File Number)
|
(I. R. S. Employer
Identification No.)
|
|
One Bryant Park, 4th FL
New York, New York
(Address of principal
executive offices)
|
10036
(Zip Code)
|
__________________________
Registrant’s telephone number, including area code: (646) 855-6745
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 8 Other Events
Item 8.01 Other Events
On March 5, 2014 The Bank of New York Mellon, as Trustee for the PreferredPLUS Trust Series VER-1 Trust (the “Trust”), issued two press releases regarding the receipt of a notice of intended exercise on April 4, 2014 (the “Exercise Date”), of the outstanding Warrants representing the right to acquire (a) 1,200,000 of the Class A Trust Certificates at an exercise price equal to $25 for each security being exercised plus accrued and unpaid interest up to, but excluding the Exercise Date and (b) 1,200,000 of the Class B Trust Certificates at an exercise price equal to the sum of the present values, discounted at a rate of 7.75% per annum, of the unpaid distributions due, or to become due, in respect of the distributions to be made to the Class B Certificateholders by the Trust on or after the Exercise Date. A copy of each of the press releases is attached as Exhibit 99.1 hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Date: March 5, 2014
MERRILL LYNCH DEPOSITOR, INC.
By: /s/ John Marciano
Name: John Marciano
Title: Vice President
EXHIBIT INDEX
Exhibit 99.1 Two Press Releases, dated March 5, 2014