Robert Cloninger - Feb 1, 2022 Form 3 Insider Report for Waste Connections, Inc. (WCN)

Role
SR VP, Deputy General Counsel
Signature
Robert Cloninger
Stock symbol
WCN
Transactions as of
Feb 1, 2022
Transactions value $
$0
Form type
3
Date filed
2/11/2022, 03:15 PM
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WCN Common Shares 13.1K Feb 1, 2022 Direct
holding WCN Common Shares 1.67K Feb 1, 2022 By daughter
holding WCN Common Shares 1.67K Feb 1, 2022 By son
holding WCN Common Shares 1.67K Feb 1, 2022 By son

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
holding WCN Restricted Share Units Feb 1, 2022 Common Shares 776 $0.00 Direct F1
holding WCN Restricted Share Units Feb 1, 2022 Common Shares 1.01K $0.00 Direct F2
holding WCN Restricted Share Units Feb 1, 2022 Common Shares 2.03K $0.00 Direct F3
holding WCN Restricted Share Units Feb 1, 2022 Common Shares 1.54K $0.00 Direct F4
holding WCN Restricted Share Units Feb 1, 2022 Common Shares 2.05K $0.00 Direct F5
holding WCN Restricted Share Units Feb 1, 2022 Common Shares 2.68K $0.00 Direct F6
holding WCN Restricted Share Units Feb 1, 2022 Common Shares 2.68K $0.00 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted share units awarded on February 20, 2018. The award contained a performance target that was achieved by the Issuer over the one fiscal year period that ended December 31, 2018. As a result, the award shall vest 25% per year over the four-year period following the date of grant.
F2 Represents performance-based restricted share units awarded on February 15, 2019. The award contained a performance target that was achieved by the Issuer over the one fiscal year period that ended December 31, 2019. As a result, the award shall vest 25% per year over the four-year period following the date of grant.
F3 Represents performance-based restricted share units awarded on February 15, 2019. The target number of units is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the number of units that actually vest at the end of the three-year performance period will be 0% to 250% of the scheduled amount, depending on the extent to which the Issuer meets or exceeds certain performance goals during the performance period. The maximum number of units that may vest at the end of the three-year performance period is 5,062 (250% of the target number).
F4 Represents performance-based restricted share units awarded on February 14, 2020. The award contained a performance target that was achieved by the Issuer over the one fiscal year period that ended December 31, 2020. As a result, the award shall vest 25% per year over the four-year period following the date of grant.
F5 Represents an award of performance-based restricted share units awarded on February 14, 2020. The target number of units is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the number of units that actually vest at the end of the three-year performance period will be 0% to 250% of the scheduled amount, depending on the extent to which the Issuer meets or exceeds certain performance goals during the performance period. The maximum number of units that may vest at the end of the three-year performance period is 5,125 (250% of the target number).
F6 The restricted share unit was awarded on February 19, 2021. The award vests in four equal annual installments commencing on the first anniversary of the date of the award.
F7 Represents an award of performance-based restricted share units awarded on February 19, 2021. The target number of units is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the number of units that actually vest at the end of the three-year performance period will be 0% to 250% of the scheduled amount, depending on the extent to which the Issuer meets or exceeds certain performance goals during the performance period. The maximum number of units that may vest at the end of the three-year performance period is 6,707 (250% of the target number).