John W. Casella - Feb 27, 2024 Form 4 Insider Report for CASELLA WASTE SYSTEMS INC (CWST)

Signature
/s/ John W. Casella
Stock symbol
CWST
Transactions as of
Feb 27, 2024
Transactions value $
-$1,832,481
Form type
4
Date filed
2/29/2024, 04:35 PM
Previous filing
Aug 4, 2023
Next filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWST Class A Common Stock Award $0 +40.8K +361.12% $0.00 52.1K Feb 27, 2024 Direct F1
transaction CWST Class A Common Stock Sale -$1.83M -20.3K -38.96% $90.27 31.8K Feb 28, 2024 Direct F2, F3
holding CWST Class A Common Stock 694 Feb 27, 2024 By Spouse F4
holding CWST Class B Common Stock 166K Feb 27, 2024 Direct
holding CWST Class B Common Stock 137K Feb 27, 2024 by SLAT 2 F5
holding CWST Class B Common Stock 134K Feb 27, 2024 By SLAT F6
holding CWST Class B Common Stock 57.1K Feb 27, 2024 By Spouse F4
* 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 acquired by the reporting person upon the vesting of performance-based stock units (PSUs) granted to the reporting person on March 12, 2021, as a result of the level of achievement by the issuer of certain performance objectives during the period running from January 1, 2023 through December 31, 2023, and a multiplier based on relative total shareholder return for the period running from January 1, 2021 to December 31, 2023, as certified by the issuer's compensation and human capital committee on February 27, 2024.
F2 Represents the sale of shares of Class A Common Stock pursuant to a "sell-to-cover" transaction in order to satisfy tax withholding obligations in connection with the vesting of PSUs previously granted to the reporting person on March 12, 2021. This sale was effected pursuant to an automatic sell-to-cover instruction adopted by the reporting person on August 23, 2021 and does not represent a discretionary sale by the reporting person.
F3 Represents the weighted average sales price for shares sold in multiple transactions, ranging from $90.09 to $90.88. 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.
F4 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.
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.
F6 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.