Jeffrey A. Beswick - 09 May 2023 Form 4 Insider Report for HARSCO CORP (NVRI)

Signature
/s/ Jeffrey A. Beswick
Issuer symbol
NVRI
Transactions as of
09 May 2023
Net transactions value
$0
Form type
4
Filing time
11 May 2023, 16:51:27 UTC
Previous filing
05 May 2023
Next filing
13 Mar 2024

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 +29,337 $0.000000 29,337 09 May 2023 Common Stock 29,337 Direct F1
transaction NVRI Performance Share Units Award $0 +29,337 $0.000000 29,337 09 May 2023 Common Stock 29,337 Direct F2
transaction NVRI Stock Appreciation Rights Award $0 +48,427 $0.000000 48,427 09 May 2023 Common Stock 48,427 $9.31 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 vest. The restricted stock units vest in one-third increments on each of the first three anniversaries of the date of grant.
F2 Each performance share 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 12/31/2025.
F3 The stock appreciation rights vest in one-third increments on each of the first three anniversaries of the date of grant.