Stephen Cory White - 15 Mar 2022 Form 4 Insider Report for STERICYCLE INC

Role
EVP & Chief Commercial Officer
Signature
/s/ Stephen Cory White
Issuer symbol
N/A
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 16:26:44 UTC
Previous filing
14 Mar 2022
Next filing
02 May 2022
SEC
View on sec.gov

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 Performance-Based Stock Units Award $0 +8,835 $0.000000 8,835 15 Mar 2022 Common Stock 8,835 $0.000000 Direct F1
transaction SRCL Restricted Stock Units Award $0 +7,229 +101% $0.000000 14,409 15 Mar 2022 Common Stock 7,229 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The vesting of these performance-based stock units ("PSU") is dependent upon the achievement by Stericycle, Inc. of certain financial performance criteria. Subject to accelerated vesting in certain circumstances, the number of PSUs scheduled to vest on the third anniversary of the grant date following the 2024 annual performance period will vary between 0% and 200% of the number reported, depending on the extent to which Stericycle, Inc. meets certain financial performance goals.
F2 Each restricted stock unit (RSU) represents the right to receive, at settlement, one share of common stock.
F3 The RSUs vest in 3 annual installments on each of the first three anniversaries of the grant date.