Joseph Skidmore - Jul 13, 2023 Form 4 Insider Report for Charah Solutions, Inc. (CHRA)

Signature
/s/ Joe Skidmore by Steven A. Brehm, attorney-in-fact
Stock symbol
CHRA
Transactions as of
Jul 13, 2023
Transactions value $
$0
Form type
4
Date filed
7/17/2023, 03:20 PM
Previous filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRA Common Stock Disposed to Issuer -1.31K -100% 0 Jul 13, 2023 Direct F1, F2

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 CHRA Performance Share Units Disposed to Issuer -493 -100% 0 Jul 13, 2023 Common Stock 493 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joseph Skidmore is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of on July 13, 2023 (the "Merger Date") as a result of the merger pursuant to the previously announced Agreement and Plan of Merger, dated as of April 16, 2023, by and among Charah Solutions, Inc. (the "Company"), Acquisition Parent 0423, Inc. and Acquisition Sub April 2023, Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, each issued and outstanding share of common stock, par value $0.01 per share, of the Company was converted on the Merger Date into the right to receive cash in the amount of $6.00 per share (the "Merger Consideration").
F2 Amount includes 293 shares vested from the 2021 RSU award, from which 106 shares were withheld to pay resulting taxes, and 618 shares vested from the 2022 RSU award, from which 224 shares were withheld to pay resulting taxes. On the Merger Date and pursuant to the Merger Agreement, the vested RSUs were converted into the right to receive the Merger Consideration.
F3 On the Merger Date and pursuant to the Merger Agreement, 376 shares vested from the 2021 PSU award, from which 136 shares were withheld to pay resulting taxes, and 397 shares vested from the 2022 PSU award, from which 144 shares were withheld to pay resulting taxes.
F4 On the Merger Date and pursuant to the Merger Agreement, the performance share units were converted into the right to receive the Merger Consideration.