SEC Form 4 · accession 0001179110-17-004513
CASELLA WASTE SYSTEMS INC · CWST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Casella
Officer — Chief Executive Officer · Director
Period of report
Mar 10, 2017
Accepted (ET)
Mar 13, 2017 · 6:28 pm EDT
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 Stock | Mar 10, 2017 | M | 14,000 | $11.01 | A | 529,729 | D | |
| Class A Common StockF2 | Mar 10, 2017 | S | 14,000 | $12.5818 | D | 515,729 | D | |
| Class B Common Stock | holding | — | — | — | 494,100 | D | ||
| Class A Common StockF1 | holding | — | — | — | 694 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $11.01 | Mar 10, 2017 | M | 14,000 | A | — | Jul 23, 2017 | Class A Common Stock | 14,000 | 0 | D |
Explanation of responses
- F1Held by Mr. Casella's spouse. Mr. Casella disclaims beneficial ownership of the securities indicated to the extent to which he does not have an actual pecuniary interest in such securities.
- F2Represents the weighted average sales price for shares sold in multiple transactions at prices ranging from $12.465 to $12.66, inclusive. Upon request of the staff of the Securities and Exchange Commission, the issuer or a securities holder of such issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F3The option vested in three equal installments on July 23, 2008, 2009, and 2010.