SEC Form 4 · accession 0001209191-18-041729
Covia Holdings Corp · CVIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald L. Clancey
Officer — EVP & Chief Commercial Officer
Period of report
Jul 2, 2018
Accepted (ET)
Jul 5, 2018 · 5:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001722287
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 2, 2018 | A | 15,726 | $0.00 | A | 125,246 | D | |
| Common Stock | holding | — | — | — | 448,493 | I | Gerald L. Clancey Trust No. 1 | |
| Common Stock | holding | — | — | — | 20,087 | I | Gerald L. Clancey Grantor Retained Annuity Trust No. 1 | |
| Common Stock | holding | — | — | — | 88,400 | I | Gerald L. Clancey Irrevocable Trust dated December 13, 2012 | |
| Common Stock | holding | — | — | — | 88,400 | I | The Connie J. Clancey Irrevocable Trust for the benefit of Gerald L. Clancey | |
| Common Stock | holding | — | — | — | 65,286 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2,F3 | $7.15 | holding | — | — | — | — | Oct 1, 2019 | Common Stock | 74,800 | 74,800 | D |
| Employee Stock Option (Right to Buy)F2,F3 | $17.85 | holding | — | — | — | — | Dec 7, 2020 | Common Stock | 51,000 | 51,000 | D |
| Employee Stock Option (Right to Buy)F2,F4 | $52.30 | holding | — | — | — | — | Dec 10, 2023 | Common Stock | 17,000 | 17,000 | D |
| Employee Stock Option (Right to Buy)F3,F5 | $80.00 | holding | — | — | — | — | Oct 2, 2024 | Common Stock | 7,140 | 7,140 | D |
| Employee Stock Option (Right to Buy)F2 | $44.15 | holding | — | — | — | Dec 31, 2019 | May 15, 2025 | Common Stock | 8,800 | 8,800 | D |
| Employee Stock Option (Right to Buy)F2,F6 | $10.20 | holding | — | — | — | — | Mar 1, 2026 | Common Stock | 14,400 | 14,400 | D |
| Employee Stock Option (Right to Buy)F2,F7 | $50.15 | holding | — | — | — | — | Mar 1, 2027 | Common Stock | 4,480 | 4,480 | D |
Explanation of responses
- F1The reporting person was granted 15,726 restricted stock units. The restricted stock units vest in 1/3 increments commencing one year after the date of grant.
- F2No transaction is being reported on this line. Reported on a previously filed Form 3.
- F3Immediately exercisable.
- F4One-fifth of this option is immediately exercisable. The remaining four-fifths of the option will vest on December 10, 2020.
- F5One-third of this option is immediately exercisable. The remaining two-thirds of the option will vest on December 31, 2018.
- F6Two-thirds of this option is immediately exercisable. The remaining one-third will vest on March 1, 2019.
- F7One-third of this option is immediately exercisable. The remaining two-thirds of the option will vest on March 1, 2019 and March 1, 2020 in equal increments.