SEC Form 4 · accession 0001127602-17-026437

Covista Inc. · CVSA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP, Chief Information Officer

Period of report

Aug 22, 2017

Accepted (ET)

Aug 24, 2017 · 8:52 pm EDT

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
Common Stock^F1,F2	Aug 22, 2017	A	819	$33.95	A	17,075	D
Common Stock^F1,F2	Aug 22, 2017	F	255	$33.95	D	16,820	D
Common Stock^F3	Aug 23, 2017	A	2,920	$0.00	A	19,740	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Incentive Stock Option (Right to Buy)^F4	$33.90	Aug 23, 2017	A	2,948	A	Aug 23, 2018	Aug 23, 2027	Common Stock	2,948	2,948	D
Non-qualified Stock Option (Right to Buy)^F4	$33.90	Aug 23, 2017	A	6,902	A	Aug 23, 2018	Aug 23, 2027	Common Stock	6,902	6,902	D

F1Includes restricted stock units which represent a right to receive one share of common stock for each restricted stock unit. Each restricted stock units vest 25% on the anniversary of the original grant date and is fully-vested on the four year anniversary of the grant date.
F2Common stock acquired upon lapsing of restrictions of performance-based restricted stock units, known as "Performance Shares" at Adtalem Global Education Inc., granted August 20, 2014.
F3The common stock is a restricted stock unit which represents a right to receive one share of common stock for each restricted stock unit. Stock units vest in four equal installments beginning on the anniversary of the transaction date.
F4This 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.