<PAGE>

                       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): December 1, 2006

                          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        (Commission                (I. R. S. Employer
      jurisdiction  of        File Number)              Identification No.)
       incorporation)

   World Financial Center,                                     10080
     New York, New York                                     (Zip Code)
    (Address of principal
     executive offices)
                           --------------------------

       Registrant's telephone number, including area code: (212) 449-1000


                      INFORMATION TO BE INCLUDED IN REPORT

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))


<PAGE>


SECTION 1.        REGISTRANT'S BUSINESS AND OPERATIONS

                  Not applicable.

SECTION 2.        FINANCIAL INFORMATION

                  Not applicable.

SECTION 3.        SECURITIES AND TRADING MARKETS

                  Not applicable.

SECTION 4.        MATTERS RELATED TO ACCOUNTANTS AND FINANCIAL STATEMENTS

                  Not applicable.

SECTION 5.        CORPORATE GOVERNANCE AND MANAGEMENT

                  Not applicable.

SECTION 6.        ASSET-BACKED SECURITIES

                  Not applicable.

SECTION 7.        REGULATION FD

                  Not applicable.

SECTION 8.        OTHER EVENTS

         ITEM 8.01      OTHER EVENTS

                  99.1  Distribution to holders of the PreferredPLUS Trust
                        Certificates Series VER-1 on December 1, 2006.

                                 For information with respect to the
                        underlying securities held by PreferredPLUS Trust
                        Series VER-1, please refer to Verizon Communications
                        Inc.'s (Commission file number 001-08606) periodic
                        reports, including annual reports on Form 10-K,
                        quarterly reports on Form 10-Q and current reports on
                        Form 8-K, and other information on file with the
                        Securities and Exchange Commission (the "SEC"). You
                        can read and copy these reports and other information
                        at the public reference facilities maintained by the
                        SEC at Room 1580, 100 F Street, NE, Washington, D.C.
                        20549. You may obtain copies of this material for a
                        fee by writing to the SEC's Public Reference Section
                        of the SEC at 100 F Street, NE, Washington, D.C.
                        20549. You may obtain information about the operation
                        of the Public Reference Room by calling the SEC at
                        1-800-SEC-0330. You can also access some of this
                        information electronically by means of the SEC's
                        website on the Internet at http://www.sec.gov, which
                        contains reports, proxy and information statements
                        and other information that the underlying securities
                        support provider has filed electronically with the
                        SEC.


<PAGE>

                                 Although we have no reason to believe the
                        information concerning the underlying securities, the
                        underlying securities issuer, the support agreement or
                        the underlying securities support provider contained in
                        the underlying securities support provider's Exchange
                        Act reports is not reliable, neither the depositor nor
                        the trustee participated in the preparation of such
                        documents or made any due diligence inquiry with respect
                        to the information provided therein. No investigation
                        with respect to the underlying securities issuer or the
                        underlying securities support provider (including,
                        without limitation, no investigation as to their
                        respective financial condition or creditworthiness) or
                        of the underlying securities or the support agreement
                        has been made. You should obtain and evaluate the same
                        information concerning the underlying securities issuer
                        and the underlying securities support provider as you
                        would obtain and evaluate if you were investing directly
                        in the underlying securities or in other securities
                        issued by the underlying securities issuer (or the
                        underlying securities support provider). There can be no
                        assurance that events affecting the underlying
                        securities, the underlying securities issuer, the
                        support agreement or the underlying support provider
                        have not occurred or have not yet been publicly
                        disclosed which would affect the accuracy or
                        completeness of the publicly available documents
                        described above.


SECTION 9.        FINANCIAL STATEMENTS AND EXHIBITS

         ITEM 9.01      FINANCIAL STATEMENTS AND EXHIBITS

                  (a)   Financial statements of business acquired.

                        Not applicable.

                  (b)   Pro forma financial information.

                        Not applicable.

                  (c)   Shell company transactions.

                        Not applicable.

                  (d)   Exhibits.

                        99.1   Trustee's report in respect of the December 1,
                               2006 distribution to holders of the PreferredPLUS
                               Trust Certificates Series VER-1.


<PAGE>

                                   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.


                                        MERRILL LYNCH DEPOSITOR, INC.

Date: 12/12/06                          By:      /s/ Jason Liddell
                                                 ------------------------------
                                        Name:    Jason Liddell
                                        Title:   Vice-President


<PAGE>

                                   EXHIBIT INDEX


99.1     Trustee's report in respect of the December 1, 2006 distribution to
         holders of the PreferredPLUS Trust Series VER-1.
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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): December 1, 2006

                          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        (Commission                (I. R. S. Employer
      jurisdiction  of        File Number)              Identification No.)
       incorporation)

   World Financial Center,                                     10080
     New York, New York                                     (Zip Code)
    (Address of principal
     executive offices)
                           --------------------------

       Registrant's telephone number, including area code: (212) 449-1000

                      INFORMATION TO BE INCLUDED IN REPORT

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 1.        REGISTRANT'S BUSINESS AND OPERATIONS

                  Not applicable.

SECTION 2.        FINANCIAL INFORMATION

                  Not applicable.

SECTION 3.        SECURITIES AND TRADING MARKETS

                  Not applicable.

SECTION 4.        MATTERS RELATED TO ACCOUNTANTS AND FINANCIAL STATEMENTS

                  Not applicable.

SECTION 5.        CORPORATE GOVERNANCE AND MANAGEMENT

                  Not applicable.

SECTION 6.        ASSET-BACKED SECURITIES

                  Not applicable.

SECTION 7.        REGULATION FD

                  Not applicable.

SECTION 8.        OTHER EVENTS

         ITEM 8.01      OTHER EVENTS

                  99.1  Distribution to holders of the PreferredPLUS Trust
                        Certificates Series VER-1 on December 1, 2006.

                                 For information with respect to the
                        underlying securities held by PreferredPLUS Trust
                        Series VER-1, please refer to Verizon Communications
                        Inc.'s (Commission file number 001-08606) periodic
                        reports, including annual reports on Form 10-K,
                        quarterly reports on Form 10-Q and current reports on
                        Form 8-K, and other information on file with the
                        Securities and Exchange Commission (the "SEC"). You
                        can read and copy these reports and other information
                        at the public reference facilities maintained by the
                        SEC at Room 1580, 100 F Street, NE, Washington, D.C.
                        20549. You may obtain copies of this material for a
                        fee by writing to the SEC's Public Reference Section
                        of the SEC at 100 F Street, NE, Washington, D.C.
                        20549. You may obtain information about the operation
                        of the Public Reference Room by calling the SEC at
                        1-800-SEC-0330. You can also access some of this
                        information electronically by means of the SEC's
                        website on the Internet at http://www.sec.gov, which
                        contains reports, proxy and information statements
                        and other information that the underlying securities
                        support provider has filed electronically with the
                        SEC.
Although we have no reason to believe the
                        information concerning the underlying securities, the
                        underlying securities issuer, the support agreement or
                        the underlying securities support provider contained in
                        the underlying securities support provider's Exchange
                        Act reports is not reliable, neither the depositor nor
                        the trustee participated in the preparation of such
                        documents or made any due diligence inquiry with respect
                        to the information provided therein. No investigation
                        with respect to the underlying securities issuer or the
                        underlying securities support provider (including,
                        without limitation, no investigation as to their
                        respective financial condition or creditworthiness) or
                        of the underlying securities or the support agreement
                        has been made. You should obtain and evaluate the same
                        information concerning the underlying securities issuer
                        and the underlying securities support provider as you
                        would obtain and evaluate if you were investing directly
                        in the underlying securities or in other securities
                        issued by the underlying securities issuer (or the
                        underlying securities support provider). There can be no
                        assurance that events affecting the underlying
                        securities, the underlying securities issuer, the
                        support agreement or the underlying support provider
                        have not occurred or have not yet been publicly
                        disclosed which would affect the accuracy or
                        completeness of the publicly available documents
                        described above.

SECTION 9.        FINANCIAL STATEMENTS AND EXHIBITS

         ITEM 9.01      FINANCIAL STATEMENTS AND EXHIBITS

                  (a)   Financial statements of business acquired.

                        Not applicable.

                  (b)   Pro forma financial information.

                        Not applicable.

                  (c)   Shell company transactions.

                        Not applicable.

                  (d)   Exhibits.

                        99.1   Trustee's report in respect of the December 1,
                               2006 distribution to holders of the PreferredPLUS
                               Trust Certificates Series VER-1.
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.

                                        MERRILL LYNCH DEPOSITOR, INC.

Date: 12/12/06                          By:      /s/ Jason Liddell
                                                 ------------------------------
                                        Name:    Jason Liddell
                                        Title:   Vice-President
EXHIBIT INDEX

99.1     Trustee's report in respect of the December 1, 2006 distribution to
         holders of the PreferredPLUS Trust Series VER-1.