SEC Form 4 · accession 0001225208-16-029625
WASTE MANAGEMENT INC · WM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Don P Carpenter
Officer — VP & Chief Acctg Officer
Period of report
Mar 8, 2016
Accepted (ET)
Mar 10, 2016 · 5:42 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 | Mar 8, 2016 | F | 363 | $54.005 | D | 24,291 | D | |
| Common Stock | Mar 9, 2016 | M | 5,703 | $36.885 | A | 29,994 | D | |
| Common Stock | Mar 9, 2016 | M | 2,719 | $41.37 | A | 32,713 | D | |
| Common StockF1 | Mar 9, 2016 | S | 115 | $57.725 | D | 32,598 | D | |
| Common StockF1 | Mar 9, 2016 | S | 306 | $57.6301 | D | 32,292 | D | |
| Common Stock | Mar 9, 2016 | F | 6,388 | $57.44 | D | 25,904 | D | |
| Common StockF1 | Mar 10, 2016 | S | 198 | $57.78 | D | 25,706 | 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 | $41.37 | Mar 9, 2016 | M | 2,719 | D | Mar 7, 2015 | Mar 7, 2024 | Common Stock | 2,719 | 5,438 | D |
| Stock Option (Right to Buy)F2 | $36.885 | Mar 9, 2016 | M | 5,703 | D | Mar 8, 2014 | Mar 8, 2023 | Common Stock | 5,703 | 0 | D |
Explanation of responses
- F1Sale of additional shares to cover personal federal income tax obligation pursuant to a Rule 10b5-1 Trading Plan.
- 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.