4//SEC Filing
Hoffman Richard J 4
Accession 0001415889-24-007638
CIK 0000861878other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 4:44 PM ET
Size
22.0 KB
Accession
0001415889-24-007638
Insider Transaction Report
Form 4
STERICYCLE INCSRCL
Hoffman Richard J
SVP & Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2024-03-09+952→ 19,205 total - Exercise/Conversion
Common Stock
2024-03-09+711→ 19,586 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2024-03-09−711→ 1,881 total→ Common Stock (711 underlying) - Tax Payment
Common Stock
2024-03-09$52.20/sh−330$17,226→ 18,875 total - Tax Payment
Common Stock
2024-03-09$52.20/sh−247$12,893→ 19,339 total - Exercise/Conversion
Restricted Stock Units
2024-03-09−952→ 7,299 total→ Common Stock (952 underlying)
Footnotes (6)
- [F1]No shares were sold. 330 shares were withheld by the Issuer to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units ("RSUs").
- [F2]On March 9, 2021, the reporting person was granted 951 performance-based restricted stock units ("PRSUs"), which were to be earned and vest dependent upon the achievement by the Issuer of certain financial performance criteria. Subject to continued employment through the applicable vesting date and to accelerated vesting in certain circumstances, the number of PRSUs scheduled to vest on the third anniversary of the grant date following the 2023 annual performance period could have varied between 0% and 187.5% of the number reported, depending on the extent to which the Issuer met certain financial performance goals. The Issuer's compensation committee determined that, based on actual performance, 711 PRSUs were earned and vested on March 9, 2024. The remaining 240 PRSUs were forfeited.
- [F3]No shares were sold. 247 shares were withheld by the Issuer to satisfy the minimum statutory tax withholding requirements on vesting of PRSUs.
- [F4]Each PRSU represents a contingent right to receive one share of Issuer common stock.
- [F5]Each RSU represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
- [F6]This award was granted on March 9, 2021 for 2,855 shares. The final 952 shares vested on March 9, 2024.
Documents
Issuer
STERICYCLE INC
CIK 0000861878
Entity typeother
Related Parties
1- filerCIK 0001409138
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 4:44 PM ET
- Size
- 22.0 KB