Michael J. Watson - 11 Aug 2022 Form 4 Insider Report for WASTE MANAGEMENT INC (WM)

Role
Sr. VP-Chief Customer Officer
Signature
Courtney Tippy, Attorney-in-fact
Issuer symbol
WM
Transactions as of
11 Aug 2022
Net transactions value
-$1,523,522
Form type
4
Filing time
12 Aug 2022, 12:55:24 UTC
Previous filing
03 Mar 2022
Next filing
22 Feb 2023
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 $399,162 +5,443 +17% $73.34 37,664 11 Aug 2022 Direct
transaction WM Common Stock Options Exercise $301,080 +3,528 +9.4% $85.34 41,192 11 Aug 2022 Direct
transaction WM Common Stock Sale $1,523,522 -8,971 -22% $169.83 32,221 11 Aug 2022 Direct F1
holding WM Common Stock 2,460 11 Aug 2022 By 401(k) Plan

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 $301,080 -3,528 -100% $85.34 0 11 Aug 2022 Common Stock 3,528 $85.34 Direct F2
transaction WM Stock Option (Right to Buy) Options Exercise $399,162 -5,443 -100% $73.34 0 11 Aug 2022 Common Stock 5,443 $73.34 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 $169.61 to $170.12. 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.