0000225648-21-000140.txt : 20211201
0000225648-21-000140.hdr.sgml : 20211201
20211201161713
ACCESSION NUMBER: 0000225648-21-000140
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211130
FILED AS OF DATE: 20211201
DATE AS OF CHANGE: 20211201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schantz Joseph J II
CENTRAL INDEX KEY: 0001809011
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06732
FILM NUMBER: 211463173
MAIL ADDRESS:
STREET 1: 445 SOUTH STREET
CITY: MORRISTOWN
STATE: NJ
ZIP: 07960
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: COVANTA HOLDING CORP
CENTRAL INDEX KEY: 0000225648
STANDARD INDUSTRIAL CLASSIFICATION: COGENERATION SERVICES & SMALL POWER PRODUCERS [4991]
IRS NUMBER: 956021257
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 445 SOUTH STREET
CITY: MORRISTOWN
STATE: NJ
ZIP: 07960
BUSINESS PHONE: 862-345-5000
MAIL ADDRESS:
STREET 1: 445 SOUTH STREET
CITY: MORRISTOWN
STATE: NJ
ZIP: 07960
FORMER COMPANY:
FORMER CONFORMED NAME: DANIELSON HOLDING CORP
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: MISSION INSURANCE GROUP INC
DATE OF NAME CHANGE: 19900826
FORMER COMPANY:
FORMER CONFORMED NAME: MISSION EQUITIES CORP
DATE OF NAME CHANGE: 19770921
4
1
wf-form4_163839342190688.xml
FORM 4
X0306
4
2021-11-30
1
0000225648
COVANTA HOLDING CORP
CVA
0001809011
Schantz Joseph J II
445 SOUTH STREET
MORRISTOWN
NJ
07960
0
1
0
0
VP, Chief Accounting Officer
Common Stock, $.10 par value
2021-11-30
4
D
0
27549
D
0
D
Performance Stock Units
2021-11-30
4
D
0
3574
D
Common Stock, $.10 par value
3574.0
0
D
Performance Stock Units
2021-11-30
4
D
0
3398
D
Common Stock, $.10 par value
3398.0
0
D
Pursuant to the merger agreement between EQT Infrastructure and the Issuer, effective as of the date of the merger these shares of the Issuer's common stock were canceled and converted into the right to receive $20.25 in cash per share (the "Merger Consideration").
Represents free cash flow per share performance stock units previously granted to the reporting person pursuant to the Issuer's equity compensation plan on March 7, 2019, March 11, 2020 and March 4, 2021. Pursuant to the merger agreement, these performance stock units were canceled and converted into the right to receive an amount in cash equal to the product of (x) the Merger Consideration and (y) the number of shares of the Issuer's common stock issuable pursuant to the performance stock units assuming performance at 142%, 200%, and 200% target levels, respectively.
Represents total stockholder return performance stock units previously granted to the reporting person pursuant to the Issuer's equity compensation plan on March 7, 2019, March 11, 2020 and March 4, 2021. Pursuant to the merger agreement, these performance stock units were canceled and converted into the right to receive an amount in cash equal to the product of (x) the Merger Consideration and (y) the number of shares of the Issuer's common stock issuable pursuant to the performance stock units assuming performance at 68%, 108%, and 190% target levels, respectively.
/s/ Joseph J Schantz II
2021-12-01