Waste Connections US, Inc. 4
4 · Waste Connections US, Inc. · Filed Jun 3, 2016
Insider Transaction Report
Form 4
CHAMBLISS DARRELL W
EVP & COO
Transactions
- Disposition to Issuer
Common Stock
2016-06-01−61,985→ 0 total - Disposition to Issuer
Common Stock
2016-06-01−25,060→ 0 total - Disposition to Issuer
Common Stock
2016-06-01−62,023→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger (the "Merger Agreement" and the merger contemplated thereby, the "Merger") by and among the Issuer, Water Merger Sub LLC, and Waste Connections, Inc. (formerly Progressive Waste Solutions Ltd., "New WCN") in exchange for an equal number of New WCN common shares having a market value of $67.18 per share on the closing date of the Merger.
- [F2]Represents restricted stock units that, as a result of the Merger, are assumed by New WCN and converted into restricted share units relating to an equal number of New WCN common shares. The value of such units are based on the market value of the common shares of New WCN.
- [F3]Represents an award by Issuer of restricted stock units to be settled pursuant to an election made in connection with the Issuer's nonqualified deferred compensation plan which, as a result of the Merger, were assumed by New WCN and converted into deferred restricted share units relating to an equal number of New WCN common shares. The value of such units are based on the market value of the common shares of New WCN.