| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SRCL | Common Stock | Disposed to Issuer | -$1.55M | -25.1K | -100% | $62.00 | 0 | Nov 4, 2024 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SRCL | Non-Qualified Stock Option (right to buy) | Disposed to Issuer | -$51K | -10.1K | -100% | $5.05 | 0 | Nov 4, 2024 | Common Stock | 10.1K | $56.95 | Direct | F2 |
| transaction | SRCL | Restricted Stock Units | Disposed to Issuer | -$1.14M | -18.3K | -100% | $62.00 | 0 | Nov 4, 2024 | Common Stock | 18.3K | Direct | F3, F4 | |
| transaction | SRCL | Performance-Based Restricted Stock Units | Disposed to Issuer | -$2M | -32.3K | -100% | $62.00 | 0 | Nov 4, 2024 | Common Stock | 32.3K | Direct | F5, F6 |
Stephen Cory White is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Pursuant to the Agreement and Plan of Merger, dated as of June 3, 2024 (the "Merger Agreement"), by and among Stericycle, Inc. (the "Company"), Waste Management, Inc. and Stag Merger Sub Inc., at the effective time (the "Effective Time") of the merger of Stag Merger Sub Inc. with and into the Company, which Effective Time occurred on November 4, 2024, each outstanding share of Company common stock was converted into the right to receive $62.00 per share in cash, without interest. |
| F2 | This stock option was fully vested immediately prior to the Effective Time. Pursuant to the Merger Agreement, at the Effective Time, each Company stock option that was fully vested and outstanding immediately prior to the Effective Time was canceled and converted into the right to receive (without interest) an amount of cash equal to the product of (i) the number of shares underlying the stock option multiplied by (ii) the excess, if any, of $62.00 over the exercise price of such stock option. |
| F3 | Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock. |
| F4 | Represents unvested RSUs that, pursuant to the Merger Agreement, at the Effective Time, were canceled and converted into the right to receive (without interest) an amount in cash equal to the number of RSUs multiplied by $62.00. |
| F5 | Each performance-based restricted stock unit ("PRSU") represents the right to receive, at settlement, one share of common stock. |
| F6 | Represents PRSUs with performance periods that had not ended prior to the Effective Time. Pursuant to the Merger Agreement, at the Effective Time, these PRSUs were canceled and converted into the right to receive (without interest) an amount in cash equal to the target number of PRSUs multiplied by $62.00. |