SEC Form 4 · accession 0001225208-18-013319
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
Sep 7, 2018
Accepted (ET)
Sep 11, 2018 · 3:42 pm EDT
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 | Sep 7, 2018 | M | 11,682 | $56.235 | A | 60,333 | D | |
| Common Stock | Sep 7, 2018 | F | 8,927 | $92.00 | D | 51,406 | 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)F2 | $56.235 | Sep 7, 2018 | M | 11,682 | D | Feb 26, 2017 | Feb 26, 2026 | Common Stock | 11,682 | 23,365 | D |
Explanation of responses
- F1Stock option exercise and shares withheld to pay option costs and taxes pursuant to a Rule 10b5-1 Trading Plan.
- 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.