SEC Form 4 · accession 0001127602-18-007450
Covista Inc. · CVSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carlos Filgueiras
Officer — Group President, Tech/Business
Period of report
Feb 20, 2018
Accepted (ET)
Feb 21, 2018 · 11:47 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 StockF1 | Feb 20, 2018 | M | 3,575 | $46.8016 | A | 15,407 | D | |
| Common StockF1 | Feb 20, 2018 | M | 4,325 | $46.8016 | A | 19,732 | D | |
| Common StockF1 | Feb 20, 2018 | M | 7,027 | $46.8016 | A | 26,759 | D | |
| Common StockF1 | Feb 20, 2018 | M | 2,698 | $46.8016 | A | 29,457 | D | |
| Common StockF1 | Feb 20, 2018 | M | 7,775 | $46.8016 | A | 37,232 | D | |
| Common StockF1 | Feb 20, 2018 | M | 4,181 | $46.8016 | A | 41,413 | D | |
| Common StockF1 | Feb 20, 2018 | M | 4,362 | $46.8016 | A | 45,775 | D | |
| Common StockF1 | Feb 20, 2018 | M | 2,662 | $46.8016 | A | 48,437 | D | |
| Common StockF1 | Feb 20, 2018 | S | 36,605 | $46.8016 | D | 11,832 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy)F2 | $38.71 | Feb 20, 2018 | M | 3,575 | D | Aug 27, 2011 | Aug 27, 2020 | Common Stock | 3,575 | 0 | D |
| Incentive Stock Option (Right to Buy)F2 | $41.87 | Feb 20, 2018 | M | 4,325 | D | Aug 24, 2012 | Aug 24, 2021 | Common Stock | 4,325 | 0 | D |
| Incentive Stock Option (Right to Buy)F2 | $18.60 | Feb 20, 2018 | M | 7,027 | D | Aug 29, 2013 | Aug 29, 2022 | Common Stock | 7,027 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $18.60 | Feb 20, 2018 | M | 2,698 | D | Aug 29, 2013 | Aug 29, 2022 | Common Stock | 2,698 | 0 | D |
| Incentive Stock Option (Right to Buy)F2 | $28.32 | Feb 20, 2018 | M | 7,775 | D | Aug 21, 2014 | Aug 21, 2023 | Common Stock | 7,775 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $43.47 | Feb 20, 2018 | M | 4,181 | D | Aug 20, 2014 | Aug 20, 2024 | Common Stock | 4,181 | 1,394 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $26.23 | Feb 20, 2018 | M | 4,362 | D | Aug 26, 2016 | Aug 26, 2025 | Common Stock | 4,362 | 4,363 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $23.78 | Feb 20, 2018 | M | 2,662 | D | Aug 25, 2017 | Aug 25, 2026 | Common Stock | 2,662 | 7,988 | D |
Explanation of responses
- F1Includes restricted stock units which represent a right to receive one share of common stock for each restricted stock unit. These restricted stock units vest 25% on the anniversary of the original grant date and are fully-vested on the four year anniversary of the grant date.
- F2This 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.