SEC Form 4 · accession 0001692742-17-000035
STERICYCLE INC · SRCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack W Schuler
Director
Period of report
May 24, 2017
Accepted (ET)
May 26, 2017 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000861878
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 25, 2017 | M | 495 | — | A | 616,142 | D | |
| Common Stock | holding | — | — | — | 10 | I | Descendants Trust | |
| Common StockF2 | holding | — | — | — | 27,110 | I | Grandchildrens Trust | |
| Common Stock | holding | — | — | — | 29,340 | I | by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | May 25, 2017 | M | 495 | D | — | May 25, 2017 | Common Stock | 495 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | May 24, 2017 | A | 1,506 | A | — | — | Common Stock | 1,506 | 1,506 | D |
Explanation of responses
- F1Each restricted stock unit(RSU) represents the right to receive, at settlement, one share of common stock. This transaction represents the full vesting of RSUs in shares of common stock on their scheduled vesting date.
- F2The reporting person disclaims any beneficial interest in these shares.
- F3In accordance with the Stericycle, Inc. Directors Deferred Stock Plan, the reporting person has elected to defer receipt of the shares to which such person would otherwise be entitled upon vesting until such persons separation of service from the issuer.