SCHMITT DAVID L 4
4 · CASELLA WASTE SYSTEMS INC · Filed Mar 2, 2020
Insider Transaction Report
Form 4
SCHMITT DAVID L
General Counsel & VP
Transactions
- Sale
Class A Common Stock
2020-02-28$49.19/sh−2,831$139,246→ 36,244 total - Award
Class A Common Stock
2020-02-27+23,116→ 39,075 total - Sale
Class A Common Stock
2020-03-02$48.99/sh−4,007$196,319→ 32,237 total
Footnotes (4)
- [F1]Represents shares of Class A Common Stock acquired by the reporting person upon the vesting of performance-based stock units (PSUs) granted to the reporting person on February 28, 2017, as a result of the level of achievement by Casella Waste Systems, Inc. of certain performance objectives during the third year of the three-year performance period running from January 1, 2017 to December 31, 2019, multiplied by a relative total shareholder return multiplier for the period running from January 1, 2017 to December 31, 2019.
- [F2]Represents the automatic sale of stock for tax withholding purposes pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2017, in connection with the vesting of PSUs on February 27, 2020.
- [F3]Represents the weighted average sales price for shares sold in multiple transactions, at prices ranging from $49.00 to $49.47, inclusive. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- [F4]Represents the weighted average sales price for shares sold in multiple transactions, at prices ranging from $48.75 to $49.25, inclusive. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.