SEC Form 4 · accession 0001225208-17-005097
WASTE MANAGEMENT INC · WM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Morris
Officer — Sr. VP Operations
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 4:48 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 | Feb 27, 2017 | M | 25,218 | $54.635 | A | 56,383 | D | |
| Common Stock | Feb 27, 2017 | M | 11,682 | $56.235 | A | 68,065 | D | |
| Common Stock | Feb 27, 2017 | S | 155 | $73.28 | D | 67,910 | D | |
| Common StockF1 | Feb 27, 2017 | S | 36,900 | $73.2364 | D | 31,010 | D | |
| Common Stock | holding | — | — | — | 2,098 | I | By 401(k) Plan |
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 | $54.635 | Feb 27, 2017 | M | 25,218 | D | Feb 25, 2016 | Feb 25, 2025 | Common Stock | 25,218 | 25,220 | D |
| Stock Option (Right to Buy)F2 | $56.235 | Feb 27, 2017 | M | 11,682 | D | Feb 26, 2017 | Feb 26, 2026 | Common Stock | 11,682 | 35,047 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $73.20 to $73.34. 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. 2014 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.