William Razzouk - Feb 16, 2024 Form 4 Insider Report for Waste Connections, Inc. (WCN)

Role
Director
Signature
William Razzouk
Stock symbol
WCN
Transactions as of
Feb 16, 2024
Transactions value $
-$66,608
Form type
4
Date filed
2/21/2024, 04:14 PM
Previous filing
Sep 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WCN Common Shares Options Exercise $0 +331 +11.29% $0.00 3.26K Feb 16, 2024 Direct
transaction WCN Common Shares Tax liability -$29.9K -178 -5.46% $167.78 3.08K Feb 16, 2024 Direct F1, F2
transaction WCN Common Shares Options Exercise $0 +408 +13.23% $0.00 3.49K Feb 17, 2024 Direct
transaction WCN Common Shares Tax liability -$36.7K -219 -6.27% $167.78 3.27K Feb 17, 2024 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 +420 $0.00 420 Feb 16, 2024 Common Shares 420 $0.00 Direct F3
transaction WCN Restricted Share Units Award $0 +662 $0.00 662 Feb 16, 2024 Common Shares 662 $0.00 Direct F4
transaction WCN Restricted Share Units Options Exercise $0 -331 -50% $0.00 331 Feb 16, 2024 Common Shares 331 $0.00 Direct F5
transaction WCN Restricted Share Units Options Exercise $0 -408 -100% $0.00* 0 Feb 17, 2024 Common Shares 408 $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 $226.39 = US $167.7776
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 16, 2024 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 17, 2023 and have a vesting schedule of 50% immediately and 50% on the first anniversary of the award date.