SEC Form 4 · accession 0001127602-18-018406
Covista Inc. · CVSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald L Taylor
Other
Period of report
May 21, 2018
Accepted (ET)
May 22, 2018 · 3:26 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 21, 2018 | M | 875 | $46.769 | A | 544,495 | D | |
| Common StockF1 | May 21, 2018 | S | 18,880 | $46.769 | D | 525,615 | D | |
| Common Stock | holding | — | — | — | 1,000 | I | By Daughter | |
| Common Stock | holding | — | — | — | 1,000 | I | By Daughter 1 | |
| Common Stock | holding | — | — | — | 800 | I | By Daughter D | |
| Common Stock | holding | — | — | — | 1,000 | I | By Daughter M |
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)F2 | $38.71 | May 21, 2018 | M | 875 | D | Aug 27, 2011 | Aug 27, 2020 | Common Stock | 875 | 0 | 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 100% on the anniversary of the grant date.
- F2This option vests at 25% per year. This option will be fully vested at the end of the 4th year.