James Fish - 29 Jul 2022 Form 4 Insider Report for WASTE MANAGEMENT INC (WM)

Role
Pres, Chief Executive Officer
Signature
Courtney Tippy, Attorney-in-fact
Issuer symbol
WM
Transactions as of
29 Jul 2022
Transactions value $
-$11,495,715
Form type
4
Filing time
02 Aug 2022, 15:46:48 UTC
Previous filing
02 May 2022
Next filing
19 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Options Exercise $5.67M +57.3K +60.4% $98.90 152K 29 Jul 2022 Direct F1
transaction WM Common Stock Options Exercise $3.64M +32.9K +21.59% $110.81 185K 29 Jul 2022 Direct F2
transaction WM Common Stock Tax liability -$11.5M -69.7K -37.66% $165.00 115K 29 Jul 2022 Direct F3
holding WM Common Stock 4.08K 29 Jul 2022 By 401(k) Plan
holding WM Common Stock 846 29 Jul 2022 Fish 2018 Annual Exclusion Trust 1
holding WM Common Stock 846 29 Jul 2022 Fish 2018 Annual Exclusion Trust 2
holding WM Common Stock 46.9K 29 Jul 2022 The Nicole M Fish GST Trust
holding WM Common Stock 46.9K 29 Jul 2022 The Stephanie M Fish GST Trust

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 -$5.67M -57.3K -100% $98.90 0 29 Jul 2022 Common Stock 57.3K $98.90 Direct
transaction WM Stock Option (Right to Buy) Options Exercise -$3.64M -32.9K -33.33% $110.81 65.7K 29 Jul 2022 Common Stock 32.9K $110.81 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Stock option granted pursuant to Waste Management, Inc. 2014 Stock Incentive Plan. The stock option vests 34% on the first anniversary of the date of grant with 33% vesting on the 2nd and 3rd anniversary of the date of grant.
F3 Stock option exercise and shares withheld to pay option costs and taxes pursuant to a Rule 10b5-1 Trading Plan.