SEC Form 4 · accession 0001225208-15-020781
WASTE MANAGEMENT INC · WM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Trevathan Jr.
Officer — Executive Vice President
Period of report
Nov 9, 2015
Accepted (ET)
Nov 12, 2015 · 3:17 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 | Nov 9, 2015 | M | 150,000 | $37.585 | A | 351,034 | D | |
| Common Stock | Nov 9, 2015 | M | 108,153 | $37.185 | A | 459,187 | D | |
| Common Stock | Nov 9, 2015 | M | 51,657 | $33.49 | A | 510,844 | D | |
| Common Stock | Nov 9, 2015 | M | 38,935 | $34.935 | A | 549,779 | D | |
| Common Stock | Nov 9, 2015 | M | 29,454 | $36.885 | A | 579,233 | D | |
| Common StockF1 | Nov 9, 2015 | S | 308,198 | $53.7944 | D | 271,035 | D | |
| Common Stock | Nov 10, 2015 | M | 931 | $37.185 | A | 271,966 | D | |
| Common Stock | Nov 10, 2015 | S | 785 | $53.7532 | D | 271,181 | 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 | $36.885 | Nov 9, 2015 | M | 29,454 | D | Mar 8, 2014 | Mar 8, 2023 | Common Stock | 29,454 | 29,457 | D |
| Stock Option (Right to Buy)F2 | $33.49 | Nov 9, 2015 | M | 51,657 | D | Mar 9, 2011 | Mar 9, 2020 | Common Stock | 51,657 | 0 | D |
| Stock Option (Right to Buy)F2 | $37.185 | Nov 9, 2015 | M | 108,153 | D | Mar 9, 2012 | Mar 9, 2021 | Common Stock | 108,153 | 931 | D |
| Stock Option (Right to Buy)F2 | $34.935 | Nov 9, 2015 | M | 38,935 | D | Mar 9, 2013 | Mar 9, 2022 | Common Stock | 38,935 | 0 | D |
| Stock Option (Right to Buy)F2 | $37.585 | Nov 9, 2015 | M | 150,000 | D | Jul 5, 2012 | Jul 5, 2021 | Common Stock | 150,000 | 0 | D |
| Stock Option (Right to Buy)F2 | $37.185 | Nov 10, 2015 | M | 931 | D | Mar 9, 2012 | Mar 9, 2021 | Common Stock | 931 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $53.51 to $54.13. 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.