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