Rogers Kurt 4
4 · STERICYCLE INC · Filed Nov 4, 2024
Insider Transaction Report
Form 4
STERICYCLE INCSRCL
Rogers Kurt
EVP & General Counsel
Transactions
- Disposition to Issuer
Performance-Based Restricted Stock Units
2024-11-04$62.00/sh−35,334$2,190,708→ 0 total→ Common Stock (35,334 underlying) - Disposition to Issuer
Common Stock
2024-11-04$62.00/sh−33,382$2,069,684→ 0 total - Disposition to Issuer
Restricted Stock Units
2024-11-04$62.00/sh−19,944$1,236,528→ 0 total→ Common Stock (19,944 underlying)
Footnotes (5)
- [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]Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock.
- [F3]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.
- [F4]Each performance-based restricted stock unit ("PRSU") represents the right to receive, at settlement, one share of common stock.
- [F5]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.