Philip Rivard - 13 Dec 2023 Form 4 Insider Report for Waste Connections, Inc. (WCN)

Role
SR VP Business Development
Signature
Philip Rivard
Issuer symbol
WCN
Transactions as of
13 Dec 2023
Net transactions value
-$237,426
Form type
4
Filing time
15 Dec 2023, 16:16:25 UTC
Previous filing
14 Jul 2023
Next filing
26 Dec 2023
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 +3,807 $0.000000 3,807 13 Dec 2023 Direct F1
transaction WCN Common Shares Tax liability $124,585 -838 -22% $148.67 2,969 13 Dec 2023 Direct F2
transaction WCN Common Shares Options Exercise $0 +2,887 +97% $0.000000 5,856 13 Dec 2023 Direct F1
transaction WCN Common Shares Tax liability $112,841 -759 -13% $148.67 5,097 13 Dec 2023 Direct F2, F3

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 -3,807 -100% $0.000000* 0 13 Dec 2023 Common Shares 3,807 $0.000000 Direct F4
transaction WCN Restricted Share Units Options Exercise $0 -2,887 -100% $0.000000* 0 13 Dec 2023 Common Shares 2,887 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of restricted share units into common shares of the Issuer. These restricted share units were previously vested and deferred under the Issuer's Deferred Compensation Plan.
F2 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.
F3 Reporting person previously transferred 6,236 shares of his deferred restricted share units with grant dates 2/11/2010, 11/12/2010 and 2/13/2014 to his ex-spouse pursuant to a qualified domestic relations order in a transaction exempt from reporting under Rule 16a-12. Reporting person no longer claims beneficial ownership of these shares.
F4 The deferred restricted share unit award was granted on 2/11/2010 and vested 25% per year over the four-year period following the date of grant.
F5 The deferred restricted share unit award was granted on 2/13/2014 and vested 25% per year over the four-year period following the date of grant.