Devina A. Rankin - Aug 31, 2021 Form 4 Insider Report for WASTE MANAGEMENT INC (WM)

Role
EVP, CFO and Treasurer
Signature
Courtney Tippy, Attorney-in-fact
Stock symbol
WM
Transactions as of
Aug 31, 2021
Transactions value $
-$5,138,792
Form type
4
Date filed
9/1/2021, 02:34 PM
Previous filing
Jun 3, 2021
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Options Exercise $2.39M +28K +109.77% $85.34 53.4K Aug 31, 2021 Direct
transaction WM Common Stock Options Exercise $1.62M +16.4K +30.63% $98.90 69.8K Aug 31, 2021 Direct
transaction WM Common Stock Sale -$5.14M -33.1K -47.44% $155.18 36.7K Aug 31, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WM Stock Option (Right to Buy) Options Exercise -$1.62M -16.4K -50% $98.90 16.4K Aug 31, 2021 Common Stock 16.4K $98.90 Direct F2
transaction WM Stock Option (Right to Buy) Options Exercise -$2.39M -28K -100% $85.34 0 Aug 31, 2021 Common Stock 28K $85.34 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $154.45 to $155.64. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 Stock option granted pursuant to Waste Management, Inc. 2014 Stock Incentive Plan. The stock option vests 25% on the first and second anniversary of the date of grant with the remaining 50% on the third anniversary of the date of grant.