Worthing Jackman - 17 Feb 2023 Form 4 Insider Report for Waste Connections, Inc. (WCN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Feb 2023, 15:20:17 UTC
Prior SEC filing
17 Feb 2023
Next SEC filing
29 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Worthing Jackman

Key filing fact

Worthing Jackman filed Form 4 for Waste Connections, Inc. (WCN) on 22 Feb 2023.

Key facts

  • This page summarizes Worthing Jackman's Form 4 filing for Waste Connections, Inc. (WCN).
  • 8 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 22 Feb 2023, 15:20.

Change

  • Previous filing in this sequence was filed on 17 Feb 2023.
  • Current net transaction value: -$485,640.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WCN transaction

Common Shares

Options Exercise

Transaction value
$0
Shares
+4,401
Change %
+3.1%
Price
$0.000000
Shares after
148,060
Date
18 Feb 2023
Ownership
Direct
WCN transaction

Common Shares

Tax liability

Transaction value
$235,743
Shares
-1,732
Change %
-1.2%
Price
$136.11
Shares after
146,328
Date
18 Feb 2023
Ownership
Direct
Footnotes
F1
WCN transaction

Common Shares

Options Exercise

Transaction value
$0
Shares
+4,664
Change %
+3.2%
Price
$0.000000
Shares after
150,992
Date
19 Feb 2023
Ownership
Direct
WCN transaction

Common Shares

Tax liability

Transaction value
$249,898
Shares
-1,836
Change %
-1.2%
Price
$136.11
Shares after
149,156
Date
19 Feb 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WCN transaction Derivative

Restricted Share Units

Award

Transaction value
$0
Shares
+15,355
Change %
Price
$0.000000
Shares after
15,355
Date
17 Feb 2023
Ownership
Direct
Underlying class
Common Shares
Underlying amount
15,355
Exercise price
$0.000000
Footnotes
F2
WCN transaction Derivative

Restricted Share Units

Award

Transaction value
$0
Shares
+15,355
Change %
Price
$0.000000
Shares after
15,355
Date
17 Feb 2023
Ownership
Direct
Underlying class
Common Shares
Underlying amount
15,355
Exercise price
$0.000000
Footnotes
F3
WCN transaction Derivative

Restricted Share Units

Options Exercise

Transaction value
$0
Shares
-4,401
Change %
-25%
Price
$0.000000
Shares after
13,203
Date
18 Feb 2023
Ownership
Direct
Underlying class
Common Shares
Underlying amount
4,401
Exercise price
$0.000000
Footnotes
F4
WCN transaction Derivative

Restricted Share Units

Options Exercise

Transaction value
$0
Shares
-4,664
Change %
-33%
Price
$0.000000
Shares after
9,326
Date
19 Feb 2023
Ownership
Direct
Underlying class
Common Shares
Underlying amount
4,664
Exercise price
$0.000000
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote F2

Represents an award of restricted share units. The award shall vest 25% per year over a four-year period following the date of grant.

Footnote F3

Represents an award of performance-based restricted share units. The target number of units is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the number of units that actually vest at the end of the three-year performance period will be 0% to 250% of the scheduled amount, depending on the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period. The maximum number of units that may vest at the end of the three-year performance period is 38,387 (250% of the target number).

Footnote F4

Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 18, 2022 and vest in four equal annual installments. The common shares are reported in Table 1.

Footnote F5

Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 19, 2021 and vest in four equal annual installments. The common shares are reported in Table 1.

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