Jonathan Batarseh - Jul 13, 2023 Form 4 Insider Report for Charah Solutions, Inc. (CHRA)

Role
Former Chief Executive Officer, Director, Former Director
Signature
/s/ Jonathon Batarseh by Steven A. Brehm, attorney-in-fact
Stock symbol
CHRA
Transactions as of
Jul 13, 2023
Transactions value $
$0
Form type
4
Date filed
7/17/2023, 03:20 PM
Previous filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRA Common Stock Disposed to Issuer -14.6K -100% 0 Jul 13, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jonathan Batarseh is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of on July 13, 2023 (the "Merger Date") as a result of the merger pursuant to the previously announced Agreement and Plan of Merger, dated as of April 16, 2023, by and among Charah Solutions, Inc. (the "Company"), Acquisition Parent 0423, Inc. and Acquisition Sub April 2023, Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, each issued and outstanding share of common stock, par value $0.01 per share, of the Company was converted on the Merger Date into the right to receive cash in the amount of $6.00 per share (the "Merger Consideration").
F2 Amount includes 13,125 shares vested from the 2022 RSU, from which 3,977 shares were withheld to pay resulting taxes. On the Merger Date and pursuant to the Merger Agreement, the vested RSUs were converted into the right to receive the Merger Consideration.