JACKMAN WORTHING 4
4 · Waste Connections, Inc. · Filed Feb 22, 2023
Insider Transaction Report
Form 4
JACKMAN WORTHING
EVP & CFO
Transactions
- Tax Payment
Common Shares
2023-02-18$136.11/sh−1,732$235,743→ 146,328 total - Award
Restricted Share Units
2023-02-17+15,355→ 15,355 totalExercise: $0.00→ Common Shares (15,355 underlying) - Award
Restricted Share Units
2023-02-17+15,355→ 15,355 totalExercise: $0.00→ Common Shares (15,355 underlying) - Exercise/Conversion
Common Shares
2023-02-19+4,664→ 150,992 total - Tax Payment
Common Shares
2023-02-19$136.11/sh−1,836$249,898→ 149,156 total - Exercise/Conversion
Common Shares
2023-02-18+4,401→ 148,060 total - Exercise/Conversion
Restricted Share Units
2023-02-18−4,401→ 13,203 totalExercise: $0.00→ Common Shares (4,401 underlying) - Exercise/Conversion
Restricted Share Units
2023-02-19−4,664→ 9,326 totalExercise: $0.00→ Common Shares (4,664 underlying)
Footnotes (5)
- [F1]Represents shares withheld by the Issuer in satisfaction of the applicable withholding taxes due in connection with the vesting of restricted share units and delivery of the converted common shares.
- [F2]Represents an award of restricted share units. The award shall vest 25% per year over a four-year period following the date of grant.
- [F3]Represents an award of performance-based restricted share units. The target number of units is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the number of units that actually vest at the end of the three-year performance period will be 0% to 250% of the scheduled amount, depending on the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period. The maximum number of units that may vest at the end of the three-year performance period is 38,387 (250% of the target number).
- [F4]Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 18, 2022 and vest in four equal annual installments. The common shares are reported in Table 1.
- [F5]Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 19, 2021 and vest in four equal annual installments. The common shares are reported in Table 1.