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

Signature
/s/ Samuel C. Fenice
Issuer symbol
NVRI
Transactions as of
04 Mar 2022
Net transactions value
-$4,124
Form type
4
Filing time
08 Mar 2022, 15:30:13 UTC
Previous filing
03 Mar 2022
Next filing
14 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVRI Common Stock Options Exercise $0 +687 +3.8% $0.000000 18,613 06 Mar 2022 Direct
transaction NVRI Common Stock Tax liability $4,124 -326 -1.8% $12.65 18,287 06 Mar 2022 Direct
holding NVRI Common Stock 559 04 Mar 2022 by Managed Account

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 -687 -11% $0.000000 5,628 06 Mar 2022 Common Stock 687 Direct F1, F2
transaction NVRI Restricted Stock Units Award $0 +5,574 +99% $0.000000 11,202 04 Mar 2022 Common Stock 5,574 Direct F1
transaction NVRI Performance Share Units Award $0 +5,574 +66% $0.000000 14,015 04 Mar 2022 Common Stock 5,574 Direct F3
* 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 2,059 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.