SEC Form 4 · accession 0001179110-17-004145
CASELLA WASTE SYSTEMS INC · CWST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas R Casella
Officer — Vice Chairman, Bd of Directors · Director
Period of report
Feb 28, 2017
Accepted (ET)
Mar 7, 2017 · 6:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000911177
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF3 | Feb 28, 2017 | A | 10,327 | $0.00 | A | 748,676 | D | |
| Class A Common StockF2 | Mar 6, 2017 | S | 6,897 | $12.80 | D | 741,779 | D | |
| Class B Common Stock | holding | — | — | — | 494,100 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the automatic sale of shares of stock for tax withholding purposes pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2016, in connection with the vesting of RSUs on February 24 and March 1, 2017.
- F2Represents the weighted average sales price for shares sold in multiple transactions. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of such issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F3Represents the award of Restricted Stock Units (RSUs) under the Casella Waste Systems, Inc. 2016 Incentive Plan. Each RSU represents a contingent right to receive one share of Casella's Class A Common Stock. RSUs vest in three equal installments beginning on February 28, 2018.