Tom G. Vadaketh - Mar 4, 2025 Form 4 Insider Report for ENVIRI Corp (NVRI)

Signature
/s/ Tom G. Vadaketh
Stock symbol
NVRI
Transactions as of
Mar 4, 2025
Transactions value $
$0
Form type
4
Date filed
3/6/2025, 05:37 PM
Previous filing
Nov 19, 2024
Next filing
Mar 13, 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NVRI Restricted Stock Units Award $0 +89.8K +38.55% $0.00 323K Mar 4, 2025 Common Stock 89.8K Direct F1
transaction NVRI Performance Share Units Award $0 +89.8K $0.00 89.8K Mar 4, 2025 Common Stock 89.8K Direct F2
transaction NVRI Stock Appreciation Rights Award $0 +144K $0.00 144K Mar 4, 2025 Common Stock 144K $6.03 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right to receive Enviri common stock on a one-for-one basis when the restricted stock units vest. The restricted stock units vest in one-third increments on each of the first three anniversaries of the date of the grant.
F2 Each performance share unit represents a contingent right to receive the equivalent of one share of Enviri common stock. Upon vesting, 50% of the performance share units will be settled in shares of Enviri common stock and 50% of the performance share units will be settled in cash. The performance share units vest based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index. The performance share units vest on 12/31/2027.
F3 The stock appreciation rights vest in one-third increments on each of the first three anniversaries of the date of grant.