JOSEPH M. HOLSTEN - 15 Jun 2021 Form 4 Insider Report for COVANTA HOLDING CORP

Role
Director
Signature
/s/ Joseph M. Holsten
Issuer symbol
N/A
Transactions as of
15 Jun 2021
Net transactions value
$0
Form type
4
Filing time
17 Jun 2021, 16:18:22 UTC
Previous filing
17 May 2021
Next filing
01 Dec 2021

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 CVA Common Stock, $.10 par value Award $0 +1,426 +85% $0.000000 3,101 15 Jun 2021 Common Stock, $.10 par value 1,426 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were issued to the reporting person pursuant to the Issuer's 2014 Equity Compensation Plan in lieu of quarterly retainer fees of $25,000 for the period beginning April 1, 2021 and ending June 30, 2021.
F2 The restricted stock units vest immediately. The vested restricted stock units will convert into shares of common stock on the earlier of May 5, 2024 or date of the reporting person's separation from service from the Board of Directors.