Dominic Culotta - Mar 9, 2022 Form 4 Insider Report for STERICYCLE INC (SRCL)

Signature
/s/ Dominic Culotta
Stock symbol
SRCL
Transactions as of
Mar 9, 2022
Transactions value $
-$23,923
Form type
4
Date filed
3/11/2022, 03:17 PM
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 +1.47K +53.94% 4.2K Mar 9, 2022 Direct F1
transaction SRCL Common Stock Tax liability -$23.9K -422 -10.05% $56.69 3.78K 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 -1.47K -17.4% 6.99K Mar 9, 2022 Common Stock 1.47K $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. 422 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 4,416 shares. 1,472 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.