F. Nicholas Grasberger III - Mar 4, 2024 Form 4 Insider Report for ENVIRI Corp (NVRI)

Signature
/s/ F. Nicholas Grasberger III
Stock symbol
NVRI
Transactions as of
Mar 4, 2024
Transactions value $
-$85,413
Form type
4
Date filed
3/6/2024, 04:38 PM
Previous filing
Mar 5, 2024
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVRI Common Stock Options Exercise $0 +22.5K +2.89% $0.00 802K Mar 4, 2024 Direct
transaction NVRI Common Stock Tax liability -$85.4K -10.3K -1.29% $8.27 791K Mar 4, 2024 Direct

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 Options Exercise $0 -22.5K -13.7% $0.00 142K Mar 4, 2024 Common Stock 22.5K Direct F1, F2
* 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 Enviri 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 On March 4, 2022 the reporting person was granted 67,459 restricted stock units of which one-third vested on the second anniversary of the grant date.