Daniel Ginnetti - 04 Nov 2024 Form 4 Insider Report for STERICYCLE INC

Reporting relationship: EVP INTERNATIONAL
Issuer ticker: N/A
Reported as of: 04 Nov 2024
Net transaction value: -$6,257,317
SEC form: 4
Accepted by SEC: 04 Nov 2024, 17:01:10 UTC
Prior SEC filing: 19 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Stuart Funderburg, Attorney-in-Fact

Key filing fact

Daniel Ginnetti filed Form 4 for STERICYCLE INC on 04 Nov 2024.

Key facts

This page summarizes Daniel Ginnetti's Form 4 filing for STERICYCLE INC.
8 reported transactions and 7 derivative rows are listed below.
Accepted by SEC: 04 Nov 2024, 17:01.

Change

Previous filing in this sequence was filed on 19 Mar 2024.
Current net transaction value: -$6,257,317.

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.

SRCL transaction

Common Stock

Disposed to Issuer

Transaction value: $2,569,652
Shares: -41,446
Change %: -100%
Price: $62.00
Shares after: 0
Date: 04 Nov 2024
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

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

SRCL transaction Derivative

Non-Qualified Stock Option (right to buy)

Disposed to Issuer

Transaction value: $0
Shares: -508
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 508
Exercise price: $115.54
Footnotes: F3

SRCL transaction Derivative

Non-Qualified Stock Option (right to buy)

Disposed to Issuer

Transaction value: $0
Shares: -24,993
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 24,993
Exercise price: $83.35
Footnotes: F3

SRCL transaction Derivative

Non-Qualified Stock Option (right to buy)

Disposed to Issuer

Transaction value: $0
Shares: -147
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 147
Exercise price: $82.93
Footnotes: F3

SRCL transaction Derivative

Non-Qualified Stock Option (right to buy)

Disposed to Issuer

Transaction value: $0
Shares: -28,605
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Nov 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 28,605
Exercise price: $62.04
Footnotes: F3

SRCL transaction Derivative

Non-Qualified Stock Option (right to buy)

Disposed to Issuer

Transaction value: $110,203
Shares: -8,218
Change %: -100%
Price: $13.41
Shares after: 0
Date: 04 Nov 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,218
Exercise price: $48.59
Footnotes: F3

SRCL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $1,289,786
Shares: -20,803
Change %: -100%
Price: $62.00
Shares after: 0
Date: 04 Nov 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 20,803
Exercise price
Footnotes: F4, F5

SRCL transaction Derivative

Performance-Based Restricted Stock Units

Disposed to Issuer

Transaction value: $2,287,676
Shares: -36,898
Change %: -100%
Price: $62.00
Shares after: 0
Date: 04 Nov 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 36,898
Exercise price
Footnotes: F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Daniel Ginnetti is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated as of June 3, 2024 (the "Merger Agreement"), by and among Stericycle, Inc. (the "Company"), Waste Management, Inc. and Stag Merger Sub Inc., at the effective time (the "Effective Time") of the merger of Stag Merger Sub Inc. with and into the Company, which Effective Time occurred on November 4, 2024, each outstanding share of Company common stock was converted into the right to receive $62.00 per share in cash, without interest.

Footnote F2

Includes 101, 118, and 126 shares acquired on June 28, 2024, December 29, 2023, and June 30, 2023, respectively, under the Company's Amended and Restated Employee Stock Purchase Plan.

Footnote F3

This stock option was fully vested immediately prior to the Effective Time. Pursuant to the Merger Agreement, at the Effective Time, each Company stock option that was fully vested and outstanding immediately prior to the Effective Time was canceled and converted into the right to receive (without interest) an amount of cash equal to the product of (i) the number of shares underlying the stock option multiplied by (ii) the excess, if any, of $62.00 over the exercise price of such stock option.

Footnote F4

Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock.

Footnote F5

Represents unvested RSUs that, pursuant to the Merger Agreement, at the Effective Time, were canceled and converted into the right to receive (without interest) an amount in cash equal to the number of RSUs multiplied by $62.00.

Footnote F6

Each performance-based restricted stock unit ("PRSU") represents the right to receive, at settlement, one share of common stock.

Footnote F7

Represents PRSUs with performance periods that had not ended prior to the Effective Time. Pursuant to the Merger Agreement, at the Effective Time, these PRSUs were canceled and converted into the right to receive (without interest) an amount in cash equal to the target number of PRSUs multiplied by $62.00.