Dominic Culotta - Mar 11, 2022 Form 4 Insider Report for STERICYCLE INC (SRCL)

Role: EVP Engineering
Signature: /s/ Dominic Culotta
Stock symbol: SRCL
Transactions as of: Mar 11, 2022
Transactions value $: -$22,342
Form type: 4
Date filed: 3/14/2022, 04:18 PM
Previous filing: Mar 11, 2022
Next filing: Mar 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SRCL	Common Stock	Options Exercise		+1.68K	+44.46%		5.46K	Mar 11, 2022	Direct	F1
transaction	SRCL	Common Stock	Tax liability	-$22.3K	-403	-7.38%	$55.44	5.06K	Mar 11, 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		-1.68K	-24.04%		5.31K	Mar 11, 2022	Common Stock	1.68K	$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. 403 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 11, 2020 for 5,040 shares. 1,680 shares vested on March 11, 2022 and the remaining unvested RSUs are scheduled to vest on the next anniversary of the grant date.