SEC Form 4 · accession 0001225208-18-003844
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 20, 2018
Accepted (ET)
Feb 22, 2018 · 5:44 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 StockF1 | Feb 21, 2018 | S | 7,710 | $85.2256 | D | 56,338 | D | |
| Common StockF2 | Feb 22, 2018 | S | 10,544 | $84.5478 | D | 45,794 | D | |
| Common Stock | holding | — | — | — | 2,140 | 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)F3 | $85.34 | Feb 20, 2018 | A | 29,605 | A | Feb 20, 2019 | Feb 20, 2028 | Common Stock | 29,605 | 29,605 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $84.925 to $85.42. 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.
- F2This transaction was executed in multiple trades at prices ranging from $84.50 to $84.69. 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.
- F3Stock 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.