John W. Casella - Mar 15, 2023 Form 4 Insider Report for CASELLA WASTE SYSTEMS INC (CWST)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ John W. Casella
Stock symbol
CWST
Transactions as of
Mar 15, 2023
Transactions value $
-$264,452
Form type
4
Date filed
3/16/2023, 04:25 PM
Previous filing
Mar 14, 2023
Next filing
Aug 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWST Class A Common Stock Sale -$264K -3.22K -6.4% $82.23 47K Mar 15, 2023 Direct F1, F2
holding CWST Class A Common Stock 694 Mar 15, 2023 By Spouse F3
holding CWST Class B Common Stock 166K Mar 15, 2023 Direct
holding CWST Class B Common Stock 134K Mar 15, 2023 By SLAT F4
holding CWST Class B Common Stock 137K Mar 15, 2023 by SLAT 2 F5
holding CWST Class B Common Stock 57.1K Mar 15, 2023 By Spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock automatically sold by the reporting person to satisfy tax withholding obligations in connection with the vesting of RSUs granted to the reporting person on March 12, 2020, March 12, 2021, and March 11, 2022. The automatic sale of the reporting person's shares of Class A Common Stock is provided for in a Restricted Stock Unit agreement constituting a "sell-to-cover transaction" intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934 and the sale does not represent a discretionary trade by the reporting person.
F2 Represents the weighted average sales price for shares sold in multiple transactions, ranging from $82.10 to $82.48. 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.
F3 Held 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.
F4 Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella's spouse ("SLAT"). Mr. Casella's spouse is the trustee of the SLAT. 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.
F5 Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella ("SLAT 2"). Mr. Casella is the trustee of the SLAT 2.