SEC Form 4 · accession 0001179110-19-003857
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
Mar 12, 2019
Accepted (ET)
Mar 14, 2019 · 4:25 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 StockF1 | Mar 12, 2019 | S | 32,796 | $34.15 | D | 676,899 | D | |
| Class A Common Stock | Mar 12, 2019 | A | 4,784 | $0.00 | A | 681,683 | D | |
| Class A Common StockF4 | Mar 13, 2019 | S | 531 | $34.183 | D | 681,152 | D | |
| Class A Common Stock | Mar 14, 2019 | S | 1,165 | $34.16 | D | 679,987 | 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 weighted average sales price for shares sold in multiple transactions, ranging from $34.00 to $34.28. 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.
- F2Represents 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 March 12, 2020.
- F3Represents 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 March 12, 2019.
- F4Represents the weighted average sales price for shares sold in multiple transactions, ranging from $33.95 to $34.27. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.