Home/Filings/4/0001692742-23-000069
4//SEC Filing

Hoffman Richard J 4

Accession 0001692742-23-000069

CIK 0000861878other

Filed

Mar 16, 8:00 PM ET

Accepted

Mar 17, 11:52 AM ET

Size

13.3 KB

Accession

0001692742-23-000069

Insider Transaction Report

Form 4
Period: 2023-03-15
Hoffman Richard J
SVP & Chief Accounting Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2023-03-15+1,19918,605 total
  • Tax Payment

    Common Stock

    2023-03-15$42.82/sh352$15,07318,253 total
  • Award

    Performance-Based Stock Units

    2023-03-15+1,6332,832 total
    Exercise: $0.00Common Stock (1,633 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2023-03-151,1993,350 total
    Exercise: $0.00Common Stock (1,199 underlying)
  • Award

    Restricted Stock Units

    2023-03-15+4,9018,251 total
    Exercise: $0.00Common Stock (4,901 underlying)
Footnotes (6)
  • [F1]Each restricted stock unit (RSU) represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
  • [F2]No shares were sold. 352 shares were withheld by the Issuer to satisfy the minimum statutory tax withholding requirements on vesting of RSUs.
  • [F3]The vesting of these performance-based stock units ("PSU") is dependent upon the achievement by Stericycle, Inc. of certain financial performance criteria. Subject to accelerated vesting in certain circumstances, the number of PSUs scheduled to vest on the third anniversary of the grant date following the 2025 annual performance period will vary between 0% and 200% of the number reported, depending on the extent to which Stericycle, Inc. meets certain financial performance goals.
  • [F4]This award was granted on March 15, 2022 for 3,597 shares. 1,199 shares vested on March 15, 2023 and the remaining unvested RSUs are scheduled to vest on the next 2 anniversaries of the grant date.
  • [F5]Each restricted stock unit (RSU) represents the right to receive, at settlement, one share of common stock.
  • [F6]The RSUs vest in 3 annual installments on each of the first three anniversaries of the grant date.

Issuer

STERICYCLE INC

CIK 0000861878

Entity typeother

Related Parties

1
  • filerCIK 0001409138

Filing Metadata

Form type
4
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 11:52 AM ET
Size
13.3 KB