SEC Form 4 · accession 0001692742-18-000117
STERICYCLE INC · SRCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ruth-Ellen Abdulmassih
Officer — Executive Vice President
Period of report
Aug 12, 2018
Accepted (ET)
Aug 13, 2018 · 4:04 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 | Aug 12, 2018 | M | 150 | — | A | 1,932 | D | |
| Common StockF2 | Aug 12, 2018 | F | 52 | $61.47 | D | 1,880 | D | |
| Common Stock | holding | — | — | — | 79 | I | by Daughter |
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,F3 | $0.00 | Aug 12, 2018 | M | 150 | D | — | Aug 12, 2021 | Common Stock | 150 | 450 | 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 settlement of RSUs in shares of common stock on their scheduled vesting date.
- F2No shares were sold. 52 shares were withheld by the Issuer to satisfy the minimum statutory tax withholding requirements on vesting of RSUs.
- F3This award was granted on August 12, 2016 for 750 shares. 150 shares vested on August 12, 2018 and the remaining unvested RSUs will continue to vest in equal annual installments on the next 3 anniversaries of the grant date. All unvested RSUs are subject to continued employment through the applicable vesting date.