Michael Feehan - 16 Nov 2022 Form 4 Insider Report for Ecovyst Inc. (ECVT)

Role
Vice President and Chief Financial Officer
Signature
/s/ Joseph S. Koscinski, as attorney-in-fact for Michael Feehan
Issuer symbol
ECVT
Transactions as of
16 Nov 2022
Net transactions value
+$26,348
Form type
4
Filing time
18 Nov 2022, 15:23:56 UTC
Previous filing
08 Aug 2022
Next filing
09 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECVT Common Stock Options Exercise $26,348 +6,620 +1.8% $3.98 379,079 16 Nov 2022 Direct F1

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 ECVT Stock Option (right to buy) Options Exercise $0 -6,620 -50% $0.000000 6,621 16 Nov 2022 Common Stock 6,620 $3.98 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported on this Form 4 are subject to a lock-up agreement between the reporting person, Goldman Sachs & Co. LLC, Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC, dated November 14, 2022 (the "Lock-Up Date") pursuant to which the remaining shares reported in Table 1 of this Form 4 cannot be sold for 90 days following the Lock-Up Date.
F2 Of the options reported, 6,620 have vested. The remaining options vest upon the achievement of certain performance conditions related to the market price of the issuer's common stock.

Remarks:

Vice President and Chief Financial Officer