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ENVIRI Corp — Director's Dealing 2011
Feb 18, 2011
32215_dirs_2011-02-17_05444e3f-7ce4-48e9-9ea6-d39ff226cafc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HARSCO CORP (HSC)
CIK: 0000045876
Period of Report: 2011-02-15
Reporting Person: WILBURN ROBERT C (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-15 | Phantom Stock Units | $ | A | 19.35 | Acquired | Common Stock, $1.25 par value (19.35) | Direct | |
| 2011-02-15 | Restricted Stock Units | $ | A | 65.751 | Acquired | Common Stock, $1.25 par value (65.751) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $1.25 par value | 7000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $16.96 | 2013-04-30 | Common Stock, $1.25 par value (4000) | 4000 | Direct |
| Non-Qualified Stock Option (right to buy) | $20.96 | 2012-04-30 | Common Stock, $1.25 par value (4000) | 4000 | Direct |
Footnotes
F1: Stock option granted pursuant to 1995 Non-Employee Directors' Stock Plan, in a transaction exempt under Rule 16b-3.
F2: Represents deferred compensation under the Deferred Compensation Plan for Non-Employee Directors. Each phantom stock unit represents a right to be paid in cash an amount equal to the fair market value of one share of Harsco Corporation Common Stock at the date of settlement. The sheduled settlement for the phantom stock units is six months after terminating service as a Director. The deferred compensation credit for fees earned during the quarterly period is the fair market value on the day immediately preceding such credit date. Includes reinvested dividends. The amount credited for each quarterly dividend is payable using the dividend payment date as the valuation date.
F3: Represents restricted stock units granted under the 1995 Non-Employee Directors' Stock Plan. Each restricted stock unit has a one-year vesting period and will be settled promptly following termination of the individual's service as a Director of the Company. Includes reinvested dividends.