SEC Form 4 · accession 0001209191-19-018523
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
Mar 7, 2019
Accepted (ET)
Mar 11, 2019 · 5:17 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 Stock | Mar 7, 2019 | S | 1,260 | $4.122 | D | 128,567 | D | |
| Common Stock | holding | — | — | — | 505,811 | 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,F3 | $52.30 | holding | — | — | — | — | Dec 10, 2023 | Common Stock | 17,000 | 17,000 | D |
| Employee Stock Option (Right to Buy)F2,F3 | $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,F3 | $10.20 | holding | — | — | — | — | Mar 1, 2026 | Common Stock | 14,400 | 14,400 | D |
| Employee Stock Option (Right to Buy)F2,F4 | $50.15 | holding | — | — | — | — | Mar 1, 2027 | Common Stock | 4,480 | 4,480 | 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 4,350 restricted stock units.
- F2No transaction is being reported on this line. Reported on a previously filed Form 3.
- F3Immediately exercisable.
- F4Two-thirds of this option is immediately exercisable. The remaining one-third of the option will vest on March 1, 2020.