Barse David Michael 4
4 · COVANTA HOLDING CORP · Filed Dec 1, 2021
Insider Transaction Report
Form 4
Barse David Michael
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2021-11-30−69,455→ 0 total→ Common Stock, $.10 par value (69,455 underlying) - Disposition to Issuer
Common Stock, $.10 par value
2021-11-30−98,960→ 0 total
Footnotes (2)
- [F1]Pursuant to the merger agreement between EQT Infrastructure and the Issuer, effective as of the date of the merger these shares of the Issuer's common stock were canceled and converted into the right to receive $20.25 in cash per share (the "Merger Consideration").
- [F2]The restricted stock units were canceled in the merger and converted into the right to receive a cash payment equal to the product of (i) the total number of shares of the Issuer's common stock underlying the restricted stock units multiplied by (ii) the Merger Consideration.