SEC Form 4 · accession 0001562180-18-001290
Waste Connections, Inc. · WCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Hall
Officer — Sr. Vice President
Period of report
Feb 24, 2018
Accepted (ET)
Feb 27, 2018 · 4:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001318220
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Feb 24, 2018 | M | 1,284 | $0.00 | A | 15,230 | D | |
| Common SharesF2 | Feb 24, 2018 | F | 506 | $71.06 | D | 12,566 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restrick Share UnitsF3 | $0.00 | Feb 24, 2018 | M | 1,284 | D | — | — | Common Shares | 1,284 | 3,852 | D |
Explanation of responses
- F1Represents shares withheld by the Issuer in satisfaction of the applicable withholding taxes due in connection with the vesting of restricted share units and delivery of the converted common shares.
- F2Reporting person transferred 2,158 shares to his ex-wife pursuant to a domestic relations order. Reporting person no longer claims beneficial ownership of these shares.
- F3Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The performance-based restricted share unit award was granted on February 24, 2017 and contained a performance target that was achieved by the Issuer over the one fiscal year period that ended December 31, 2017. As a result, the award shall vest 25% per year over the four-year period following the date of grant. The common shares are reported on Table 1.