SEC Form 4 · accession 0000225648-17-000108
COVANTA HOLDING CORP · CVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter C B Bynoe
Director
Period of report
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 4:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000225648
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 15, 2017 | A | 604 | A | — | — | Common Stock, $.10 par value | 604 | 604 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The restricted stock units were issued to the reporting person pursuant to the Issuer's 2014 Equity Compensation Plan in lieu of pro-rated quarterly retainer fees of $8,750 for the period beginning May 15, 2017 and ending June 30, 2017.
- F2The restricted stock units vest immediately. The vested restricted stock units will convert into shares of common stock on the date of the reporting person's separation from service from the Board of Directors.