F. Nicholas Grasberger III - Mar 4, 2025 Form 4 Insider Report for ENVIRI Corp (NVRI)

Role
Chairman, President and CEO, Director
Signature
/s/ F. Nicholas Grasberger III
Stock symbol
NVRI
Transactions as of
Mar 4, 2025
Transactions value $
-$62,212
Form type
4
Date filed
3/6/2025, 05:37 PM
Previous filing
May 20, 2024
Next filing
Mar 11, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVRI Common Stock Options Exercise $0 +22.5K +2.68% $0.00 860K Mar 4, 2025 Direct
transaction NVRI Common Stock Tax liability -$62.2K -10.3K -1.2% $6.03 850K Mar 4, 2025 Direct

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 +158K +75.04% $0.00 368K Mar 4, 2025 Common Stock 158K Direct F1
transaction NVRI Restricted Stock Units Options Exercise $0 -22.5K -6.11% $0.00 345K Mar 4, 2025 Common Stock 22.5K Direct F1
transaction NVRI Performance Share Units Award $0 +315K $0.00 315K Mar 4, 2025 Common Stock 315K Direct F2
transaction NVRI Stock Appreciation Rights Award $0 +252K $0.00 252K Mar 4, 2025 Common Stock 252K $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.