4//SEC Filing
HOLSTEN JOSEPH M 4
Accession 0000225648-21-000151
CIK 0000225648other
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 4:20 PM ET
Size
9.7 KB
Accession
0000225648-21-000151
Insider Transaction Report
Form 4
HOLSTEN JOSEPH M
Director
Transactions
- Disposition to Issuer
Option to purchase common stock (right to buy)
2021-11-30−25,000→ 0 totalExercise: $20.58Exp: 2024-07-08→ Common Stock, $.10 par value (25,000 underlying) - Disposition to Issuer
Restricted Stock Units
2021-11-30−42,073→ 0 total→ Common Stock, $.10 par value (42,073 underlying) - Disposition to Issuer
Common Stock, $.10 par value
2021-11-30−130,575→ 0 total
Footnotes (4)
- [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.
- [F3]50% of the options vested on the grant date of July 8, 2014 and 50% of the options vested on the first anniversary of the grant date. The options could not be exercised before January 8, 2015.
- [F4]Pursuant to the Merger Agreement, these outstanding vested stock options were cancelled without any payment to the reporting person, since the exercise price was greater than the Merger Consideration.
Documents
Issuer
COVANTA HOLDING CORP
CIK 0000225648
Entity typeother
Related Parties
1- filerCIK 0001263332
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 4:20 PM ET
- Size
- 9.7 KB