SEC Form 4 · accession 0001562180-19-001264
Waste Connections, Inc. · WCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald J Mittelstaedt
Officer — Chief Executive Officer · Director
Period of report
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 4:09 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 20, 2019 | M | 42,571 | $0.00 | A | 148,925 | D | |
| Common Shares | Feb 20, 2019 | F | 16,752 | $83.43 | D | 132,173 | D | |
| Common Shares | Feb 20, 2019 | M | 5,234 | $0.00 | A | 137,407 | D | |
| Common Shares | Feb 20, 2019 | F | 2,060 | $83.43 | D | 135,347 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Resticted Share UnitsF2 | $0.00 | Feb 20, 2019 | M | 42,571 | D | — | — | Common Shares | 42,571 | 85,142 | D |
| Restricted Share UnitsF3 | $0.00 | Feb 20, 2019 | M | 5,234 | D | — | — | Common Shares | 5,234 | 15,703 | 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.
- F2Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 20, 2018 and vest in three equal annual installments. The common shares are reported in Table 1.
- 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 20, 2018 and contained a performance target that was achieved by the Issuer over the one fiscal year period that ended December 31, 2018. 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.