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

Signature
Courtney Tippy, Attorney-in-fact
Issuer symbol
WM
Transactions as of
31 Aug 2021
Net transactions value
-$5,138,792
Form type
4
Filing time
01 Sep 2021, 14:34:57 UTC
Previous filing
03 Jun 2021
Next filing
03 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Options Exercise $2,386,192 +27,961 +110% $85.34 53,434 31 Aug 2021 Direct
transaction WM Common Stock Options Exercise $1,618,565 +16,366 +31% $98.90 69,800 31 Aug 2021 Direct
transaction WM Common Stock Sale $5,138,792 -33,115 -47% $155.18 36,685 31 Aug 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 $1,618,565 -16,366 -50% $98.90 16,367 31 Aug 2021 Common Stock 16,366 $98.90 Direct F2
transaction WM Stock Option (Right to Buy) Options Exercise $2,386,192 -27,961 -100% $85.34 0 31 Aug 2021 Common Stock 27,961 $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.