4//SEC Filing
Hooley Stephen C 4
Accession 0001415889-24-026027
CIK 0000861878other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 5:07 PM ET
Size
9.1 KB
Accession
0001415889-24-026027
Insider Transaction Report
Form 4
STERICYCLE INCSRCL
Hooley Stephen C
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2024-11-04$62.00/sh−22,199$1,376,338→ 0 total→ Common Stock (22,199 underlying) - Disposition to Issuer
Restricted Stock Units
2024-11-04$62.00/sh−3,524$218,488→ 0 total→ Common Stock (3,524 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock.
- [F2]Represents RSUs that were fully vested prior to the effective time (the "Effective Time") of the merger of Stag Merger Sub Inc. with and into Stericycle, Inc. (the "Company"), which Effective Time occurred on November 4, 2024, but, in accordance with the Stericycle, Inc. Directors Deferred Stock Plan, the reporting person previously elected to defer actual receipt of the shares to which such person would otherwise have been entitled upon vesting until such person's separation of service from the issuer. Pursuant to the Agreement and Plan of Merger, dated as of June 3, 2024 (the "Merger Agreement"), by and among the Company, Waste Management, Inc., and Stag Merger Sub, Inc., at the Effective Time, these RSUs 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.
- [F3]Represents RSUs that would have vested in full on the earlier of the one-year anniversary of the grant date or the date of the 2025 Annual Meeting of Stockholders, provided that the date of the 2025 Annual Meeting of Stockholders had been at least 50 weeks after the date of the 2024 Annual Meeting of Stockholders. Pursuant to the Merger Agreement, at the Effective Time, these RSUs 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.
Documents
Issuer
STERICYCLE INC
CIK 0000861878
Entity typeother
Related Parties
1- filerCIK 0001463574
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 5:07 PM ET
- Size
- 9.1 KB