Russell C. Hochman - Mar 7, 2023 Form 4 Insider Report for HARSCO CORP (NVRI)

Role
SVP, GC, CCO and Corp. Sec.
Signature
/s/ Russell C. Hochman
Stock symbol
NVRI
Transactions as of
Mar 7, 2023
Transactions value $
$0
Form type
4
Date filed
3/9/2023, 09:25 AM
Previous filing
Mar 7, 2023
Next filing
Mar 14, 2023

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 Award $0 +37K +178.28% $0.00 57.8K Mar 7, 2023 Common Stock 37K Direct F1
transaction NVRI Performance Share Units Award $0 +37K $0.00 37K Mar 7, 2023 Common Stock 37K Direct F2
transaction NVRI Stock Appreciation Rights Award $0 +60.5K $0.00 60.5K Mar 7, 2023 Common Stock 60.5K $7.45 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 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 Industrials Index. The performance share units vest on 12/31/2025.
F3 The stock appreciation rights vest in one-third increments on each of the first three anniversaries of the date of grant.