4//SEC Filing
Reuter Joseph Anthony 4
Accession 0001415889-24-007654
CIK 0000861878other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 5:05 PM ET
Size
21.8 KB
Accession
0001415889-24-007654
Insider Transaction Report
Form 4
STERICYCLE INCSRCL
Reuter Joseph Anthony
EVP & Chief People Officer
Transactions
- Exercise/Conversion
Common Stock
2024-03-09+4,622→ 30,020 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2024-03-09−4,622→ 5,968 total→ Common Stock (4,622 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-09−1,683→ 13,062 total→ Common Stock (1,683 underlying) - Exercise/Conversion
Common Stock
2024-03-09+1,683→ 25,892 total - Tax Payment
Common Stock
2024-03-09$52.20/sh−494$25,787→ 25,398 total - Tax Payment
Common Stock
2024-03-09$52.20/sh−1,435$74,907→ 28,585 total
Footnotes (6)
- [F1]No shares were sold. 494 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 6,168 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, 4,622 PRSUs were earned and vested on March 9, 2024. The remaining 1,546 PRSUs were forfeited.
- [F3]No shares were sold. 1,435 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 5,047 shares. The final 1,683 shares vested on March 9, 2024.
Documents
Issuer
STERICYCLE INC
CIK 0000861878
Entity typeother
Related Parties
1- filerCIK 0001761398
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 5:05 PM ET
- Size
- 21.8 KB