Cindy J. Miller - Mar 9, 2022 Form 4 Insider Report for STERICYCLE INC (SRCL)

Role: Chief Executive Officer, Director
Signature: /s/ Cindy J. Miller
Stock symbol: SRCL
Transactions as of: Mar 9, 2022
Transactions value $: -$169,106
Form type: 4
Date filed: 3/11/2022, 03:11 PM
Previous filing: Feb 4, 2022
Next filing: Mar 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SRCL	Common Stock	Options Exercise		+9.52K	+43.1%		31.6K	Mar 9, 2022	Direct	F1
transaction	SRCL	Common Stock	Tax liability	-$169K	-2.98K	-9.44%	$56.69	28.6K	Mar 9, 2022	Direct	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	SRCL	Restricted Stock Units	Options Exercise		-9.52K	-15.36%		52.4K	Mar 9, 2022	Common Stock	9.52K	$0.00	Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit (RSU) represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
F2	No shares were sold. 2,983 shares were withheld by the Issuer to satisfy the minimum statutory tax withholding requirements on vesting of RSUs.
F3	This award was granted on March 9, 2021 for 28,556 shares. 9,518 shares vested on March 9, 2022 and the remaining unvested RSUs will continue to vest in equal annual installments on the next 2 anniversaries of the grant date.