SEC Form 5 · accession 0001225208-17-002170
WASTE MANAGEMENT INC · WM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Steiner
Officer — President and CEO · Director
Period of report
Dec 31, 2016
Accepted (ET)
Feb 1, 2017 · 3:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000823768
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1 | $0.00 | Dec 1, 2016 | C | 10,361 | D | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 10,361 | 108,489 | D |
Explanation of responses
- F1Mr. Steiner has allocated deferred compensation under the Company's 409A Deferral Savings Plan into an account that mirrors the Company's 401(k) Waste Management, Inc. stock fund, although the amounts are not actually invested in stock or funds. This form reports a cash distribution that was automatically triggered by Mr. Steiner's separation from service on November 10, 2016, reducing his phantom stock holdings. Mr. Steiner did not receive prior notice or consultation with respect to the distribution.