David C. Everitt - Apr 18, 2024 Form 4 Insider Report for ENVIRI Corp (NVRI)

Role
Director
Signature
/s/ David C. Everitt
Stock symbol
NVRI
Transactions as of
Apr 18, 2024
Transactions value $
$0
Form type
4
Date filed
4/22/2024, 05:18 PM
Previous filing
Mar 19, 2024
Next filing
Apr 30, 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 Options Exercise $0 -13.4K -100% $0.00* 0 Apr 18, 2024 Common Stock 13.4K $0.00 Direct F1, F2
transaction NVRI Phantom Stock Units Award $0 +13.4K +283.43% $0.00 18.2K Apr 18, 2024 Common Stock 13.4K $0.00 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 convert into common stock on a one-for-one basis.
F2 On May 9, 2023 the reporting person was granted 13,426 restricted stock units that vested on the earlier of (i) the first anniversary of the grant date or (ii) the issuer's annual meeting of stockholders in the year immediately following the year of the grant date.
F3 Represents deferred compensation under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan. Each phantom stock unit represents the right to be paid in cash an amount equal to the fair market value of one share of Enviri Corporation Common Stock at the date of settlement. Represents a scheduled settlement date for the phantom stock units to be paid in cash in a lump sum commencing within thirty days at the beginning of the calendar year 2025.