Susan Lee - Feb 18, 2022 Form 4 Insider Report for Waste Connections, Inc. (WCN)

Role: Director
Signature: Susan Lee
Stock symbol: WCN
Transactions as of: Feb 18, 2022
Transactions value $: -$72,839
Form type: 4
Date filed: 2/23/2022, 03:28 PM
Next filing: Feb 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WCN	Common Shares	Options Exercise	$0	+486	+4.67%	$0.00	10.9K	Feb 18, 2022	Direct
transaction	WCN	Common Shares	Tax liability	-$31.6K	-261	-2.4%	$121.00	10.6K	Feb 18, 2022	Direct	F1, F2
transaction	WCN	Common Shares	Options Exercise	$0	+594	+5.59%	$0.00	11.2K	Feb 19, 2022	Direct
transaction	WCN	Common Shares	Tax liability	-$41.3K	-341	-3.04%	$121.00	10.9K	Feb 19, 2022	Direct	F1, F2

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	WCN	Deferred Share Units	Award	$0	+349		$0.00	349	Feb 18, 2022	Common Shares	349	$0.00	Direct	F3
transaction	WCN	Restricted Share Units	Award	$0	+971		$0.00	971	Feb 18, 2022	Common Shares	971	$0.00	Direct	F4
transaction	WCN	Restricted Share Units	Disposed to Issuer	$0	-486	-50.05%	$0.00	485	Feb 18, 2022	Common Shares	486	$0.00	Direct	F5
transaction	WCN	Restricted Share Units	Options Exercise	$0	-594	-100%	$0.00^*	0	Feb 19, 2022	Common Shares	594	$0.00	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld by the Issuer in satisfaction of the applicable withholding taxes due in connection with the vesting of restricted share units and delivery of the converted common shares.
F2	For purposes of this disclosure, Canadian dollar amounts have been converted to U.S. dollars. CAN $154.35 = US $120.995
F3	One Deferred Share Unit is the economic equivalent of one common share of the Issuer. Deferred Share Units will be settled in cash upon distribution to the reporting person upon such person's retirement and generally do not expire.
F4	Each restricted share unit represents a contingent right to receive one share of the Issuer's common shares. Subject to the reporting person's continued service with the Issuer, the award shall vest 50% immediately on the award date and 50% on the first anniversary of the award date.
F5	Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 18, 2022 and have a vesting schedule of 50% immediately and 50% on the first anniversary of the award date.
F6	Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 19, 2021 and have a vesting schedule of 50% immediately and 50% on the first anniversary of the award date.