SEC Form 4 · accession 0001225208-17-005950
WASTE MANAGEMENT INC · WM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry H Caldwell
Officer — Sr VP Corp Affairs/Chief Peopl
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 12:21 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 7, 2017 | M | 9,462 | $41.37 | A | 56,307 | D | |
| Common StockF1 | Mar 7, 2017 | S | 2,980 | $72.8167 | D | 53,327 | D | |
| Common Stock | Mar 7, 2017 | S | 4,114 | $72.89 | D | 49,213 | 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 7, 2017 | M | 9,462 | D | Mar 7, 2015 | Mar 7, 2024 | Common Stock | 9,462 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $72.81 to $72.831. 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.