SEC Form 4 · accession 0001127602-17-005697
Covista Inc. · CVSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric P. Dirst
Officer — President, DeVry Online
Period of report
Feb 13, 2017
Accepted (ET)
Feb 14, 2017 · 10:26 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000730464
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 13, 2017 | M | 2,500 | $32.45 | A | 16,934 | D | |
| Common Stock | Feb 13, 2017 | F | 1,433 | $32.45 | D | 15,501 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F1 | $18.60 | Feb 13, 2017 | M | 2,500 | D | Aug 29, 2013 | Aug 29, 2022 | Common Stock | 2,500 | 9,450 | D |
Explanation of responses
- F1This option vests at 25% per year and will be fully vested at the end of the 4th year. This option was issued in two parts - one as an incentive stock option (ISO), and the other as a non-qualified stock option (NQSO) due to the ISO limitations.