PIERCE D HOWARD 4
4 · HARSCO CORP · Filed Feb 17, 2011
Insider Transaction Report
Form 4
HARSCO CORPHSC
PIERCE D HOWARD
Director
Transactions
- Award
Phantom Stock Units
2011-02-15+365.884→ 2,215.226 total→ Common Stock, $1.25 par value (365.884 underlying) - Award
Restricted Stock Units
2011-02-15+65.751→ 13,355.797 total→ Common Stock, $1.25 par value (65.751 underlying)
Holdings
- 4,000
Common Stock, $1.25 par value
- 4,000
Incentive Stock Option (right to buy)
Exercise: $13.96From: 2002-05-01Exp: 2011-04-30→ Common Stock, $1.25 par value (4,000 underlying) - 4,000
Incentive Stock Option (right to buy)
Exercise: $16.96From: 2004-05-01Exp: 2013-04-30→ Common Stock, $1.25 par value (4,000 underlying) - 4,000
Incentive Stock Option (right to buy)
Exercise: $20.96From: 2003-05-01Exp: 2012-04-30→ Common Stock, $1.25 par value (4,000 underlying)
Footnotes (3)
- [F1]Represents deferred compensation under the Deferred Compensation Plan for Non-Employee Directors. Each phantom stock unit represents a right to be paid in cash an amount equal to the fair market value of one share of Harsco Corporation Common Stock at the date of settlement. The sheduled settlement for the balance of the phantom stock units is in a lump sum to to be paid after Mr. Pierce's retirement from the Board. The deferred compensation credit for fees earned during the quarterly period is the fair market value on the day immediately preceding such credit date. Includes reinvested dividends. The amount credited for each quarterly dividend is payable using the dividend payment date as the valuation date.
- [F2]Represents restricted stock units granted under the 1995 Non-Employee Directors' Stock Plan. Each restricted stock unit has a one-year vesting period and will be settled promptly following termination of the individual's service as a Director of the Company. Includes reinvested dividends.
- [F3]Stock option granted pursuant to 1995 Non-Employee Directors' Stock Plan, in a transaction exempt under Rule 16b-3.