4//SEC Filing
Ginnetti Daniel 4
Accession 0001415889-24-026017
CIK 0000861878other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 5:01 PM ET
Size
22.3 KB
Accession
0001415889-24-026017
Insider Transaction Report
Form 4
STERICYCLE INCSRCL
Ginnetti Daniel
Chief Financial Officer
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2024-11-04−28,605→ 0 totalExercise: $62.04Exp: 2026-03-01→ Common Stock (28,605 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2024-11-04−508→ 0 totalExercise: $115.54Exp: 2026-02-26→ Common Stock (508 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2024-11-04−147→ 0 totalExercise: $82.93Exp: 2027-02-24→ Common Stock (147 underlying) - Disposition to Issuer
Common Stock
2024-11-04$62.00/sh−41,446$2,569,652→ 0 total - Disposition to Issuer
Performance-Based Restricted Stock Units
2024-11-04$62.00/sh−36,898$2,287,676→ 0 total→ Common Stock (36,898 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2024-11-04−24,993→ 0 totalExercise: $83.35Exp: 2025-02-16→ Common Stock (24,993 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2024-11-04$13.41/sh−8,218$110,203→ 0 totalExercise: $48.59Exp: 2027-03-12→ Common Stock (8,218 underlying) - Disposition to Issuer
Restricted Stock Units
2024-11-04$62.00/sh−20,803$1,289,786→ 0 total→ Common Stock (20,803 underlying)
Footnotes (7)
- [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.
- [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.
- [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.
- [F4]Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock.
- [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.
- [F6]Each performance-based restricted stock unit ("PRSU") represents the right to receive, at settlement, one share of common stock.
- [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.
Documents
Issuer
STERICYCLE INC
CIK 0000861878
Entity typeother
Related Parties
1- filerCIK 0001610867
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 5:01 PM ET
- Size
- 22.3 KB