SEC Form 4 · accession 0001225208-15-020263
WASTE MANAGEMENT INC · WM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Puneet Bhasin
Officer — EVP Corp Op & Pres WM Recyclin
Period of report
Oct 30, 2015
Accepted (ET)
Nov 3, 2015 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000823768
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 30, 2015 | M | 15,201 | $34.935 | A | 53,284 | D | |
| Common StockF1 | Oct 30, 2015 | S | 12,095 | $54.0492 | D | 41,189 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $34.935 | Oct 30, 2015 | M | 15,201 | D | Mar 9, 2013 | Mar 9, 2022 | Common Stock | 15,201 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $54.04 to $54.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Stock option granted pursuant to Waste Management, Inc. 2009 Stock Incentive Plan. The stock option vests 25% on the first and second anniversary of the date of grant with the remaining 50% on the third anniversary of the date of grant.