Russell C. Hochman - 04 Mar 2022 Form 4 Insider Report for HARSCO CORP (NVRI)

Role
SVP, GC, CCO and Corp. Sec.
Signature
/s/ Russell C. Hochman
Issuer symbol
NVRI
Transactions as of
04 Mar 2022
Net transactions value
-$15,155
Form type
4
Filing time
08 Mar 2022, 15:29:31 UTC
Previous filing
03 Mar 2022
Next filing
14 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVRI Common Stock Options Exercise $0 +2,543 +6.2% $0.000000 43,792 06 Mar 2022 Direct
transaction NVRI Common Stock Tax liability $15,155 -1,198 -2.7% $12.65 42,594 06 Mar 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NVRI Restricted Stock Units Options Exercise $0 -2,543 -12% $0.000000 19,519 06 Mar 2022 Common Stock 2,543 Direct F1, F2
transaction NVRI Restricted Stock Units Award $0 +16,529 +85% $0.000000 36,048 04 Mar 2022 Common Stock 16,529 Direct F1
transaction NVRI Performance Share Units Award $0 +16,529 +130% $0.000000 29,278 04 Mar 2022 Common Stock 16,529 Direct F3
transaction NVRI Stock Appreciation Rights Award $0 +29,040 $0.000000 29,040 04 Mar 2022 Common Stock 29,040 $12.65 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right to receive Harsco common stock on a one-for-one basis when the restricted stock units vest. The restricted stock units vest in one-third increments on each of the first three anniversaries of the date of the grant.
F2 On March 6, 2019 the reporting person was granted 7,627 restricted stock units of which one-third vested on the third anniversary of the grant date.
F3 Each performance share unit represents a contingent right to receive the equivalent of one share of Harsco common stock. The performance share units vest based on the total shareholder return of Harsco common stock relative to the S&P 600 Industrial Index. The performance share units vest on 12/31/2024.
F4 The stock appreciation rights vest in one-third increments on each of the first three anniversaries of the date of grant.