SEC Form 4 · accession 0000225648-17-000130
COVANTA HOLDING CORP · CVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Ranger
Director
Period of report
Sep 15, 2017
Accepted (ET)
Sep 19, 2017 · 4:19 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 | — | Sep 15, 2017 | A | 1,461 | A | — | — | Common Stock, $.10 par value | 1,461 | 2,194 | 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 quarterly retainer fees of $21,250 for the period beginning July 1, 2017 and ending September 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.