DAVID M. HALL - 19 Feb 2022 Form 4 Insider Report for Waste Connections, Inc. (WCN)

Role
Sr. Vice President - Sales
Signature
David Hall
Issuer symbol
WCN
Transactions as of
19 Feb 2022
Net transactions value
-$93,291
Form type
4
Filing time
23 Feb 2022, 15:31:48 UTC
Previous filing
16 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WCN Common Shares Options Exercise $0 +946 +25% $0.000000 4,755 19 Feb 2022 Direct
transaction WCN Common Shares Tax liability $42,834 -354 -7.4% $121.00 4,401 19 Feb 2022 Direct F1
transaction WCN Common Shares Options Exercise $0 +1,115 +25% $0.000000 5,516 20 Feb 2022 Direct
transaction WCN Common Shares Tax liability $50,457 -417 -7.6% $121.00 5,099 20 Feb 2022 Direct F1

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 Restricted Share Units Options Exercise $0 -946 -25% $0.000000 2,836 19 Feb 2022 Common Shares 946 $0.000000 Direct F2
transaction WCN Restricted Share Units Options Exercise $0 -1,115 -100% $0.000000* 0 20 Feb 2022 Common Shares 1,115 $0.000000 Direct F3
* 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 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 vest in four equal annual installments. The common shares are reported in Table 1.
F3 Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The performance-based restricted share unit award was granted on February 20, 2018 and 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. The common shares are reported on Table I.