Dolan Victoria L 4
4 · STERICYCLE INC · Filed Nov 4, 2024
Insider Transaction Report
Form 4
STERICYCLE INCSRCL
Dolan Victoria L
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2024-11-04$62.00/sh−7,144$442,928→ 0 total→ Common Stock (7,144 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock.
- [F2]Represents 3,620 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, and 3,524 RSUs that were unvested at the Effective Time, 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.