There is a watermark configuration option for RELEASED - SUPERSEDED but I have never seen this occur with our production Vault. Does anyone know when will this state occur?
You should see this if you release an item, and then later release it again. The DWF for the first release would now get the RELEASED-SUPERSEDED watermark.
Start with some of our most frequented solutions or visit the Installation and Licensing Forum to get help installing your software.