Paul Ligon - Mar 15, 2023 Form 4 Insider Report for CASELLA WASTE SYSTEMS INC (CWST)

Signature
/s/ Paul Ligon
Stock symbol
CWST
Transactions as of
Mar 15, 2023
Transactions value $
-$34,866
Form type
4
Date filed
3/16/2023, 04:25 PM
Previous filing
Mar 14, 2023
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWST Class A Common Stock Sale -$34.9K -424 -1.73% $82.23 24.1K Mar 15, 2023 Direct F1, F2
holding CWST Class A Common Stock 27 Mar 15, 2023 By daughter
* 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.