SEC Form 4 · accession 0001209191-19-016910
Covia Holdings Corp · CVIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian J. Richardson
Officer — EVP, CAO & Secretary
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 6:08 pm EST
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 Stock | Mar 1, 2019 | S | 4,659 | $4.664 | D | 53,266 | D | |
| Common StockF2 | Mar 1, 2019 | A | 52,640 | $0.00 | A | 105,906 | D | |
| Common Stock | holding | — | — | — | 1,554 | 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)F3 | $44.75 | holding | — | — | — | Dec 31, 2019 | Jun 1, 2025 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock Option (Right to Buy)F3,F4 | $10.20 | holding | — | — | — | — | Mar 1, 2026 | Common Stock | 14,400 | 14,400 | D |
| Employee Stock Option (Right to Buy)F3,F5 | $50.15 | holding | — | — | — | — | Mar 1, 2027 | Common Stock | 3,860 | 3,860 | D |
Explanation of responses
- F1The transaction reflects the number of shares of Common Stock sold pursuant to the terms of the Restricted Stock Unit Agreement and in accordance with the Covia Holdings Corporation 2018 Omnibus Incentive Plan, to satisfy the reporting person's tax withholding obligations upon the vesting of 12,910 restricted stock units.
- F2The reporting person was granted 52,640 restricted stock units. The restricted stock units vest in 1/3 increments commencing one year after the date of grant.
- F3No transaction is being reported on this line. Reported on a previously filed Form 3.
- F4Immediately exercisable.
- F5Two-thirds of this option is immediately exercisable. The remaining one-third of the option will vest on March 1, 2020.