Last 12 months
Inside the activity.
1 purchase rows · 15 sale rows
Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.Monthly counts
| Month | Purchases | Sales |
|---|---|---|
| Nov 2025 | 0 | 0 |
| Dec 2025 | 0 | 1 |
| Jan 2026 | 0 | 0 |
| Feb 2026 | 0 | 0 |
| Mar 2026 | 0 | 1 |
| Apr 2026 | 0 | 2 |
| May 2026 | 1 | 3 |
| Jun 2026 | 0 | 2 |
| Jul 2026 | 0 | 3 |
| Aug 2026 | 0 | 3 |
| Sep 2026 | 0 | 0 |
| Oct 2026 | 0 | 0 |
Latest available
Insider transactions
Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Owner / reported role | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| February 11, 2018 Filed Feb 13, 2018 19:27 UTC |
EDDIE DAVIDSr. VP & Chief Accting Officer
|
Exercise / conversionCommon Shares | 2,865 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-18-000743 · primarydocument.xml · nonDerivative · entry 1 EDDIE DAVID · CIK 0001230346 · Sr. VP & Chief Accting Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 58,251 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · balance_after: Reporting person transferred 52,513 shares to his ex-wife pursuant to a domestic relations order. Reporting person no longer claims beneficial ownership of these shares. F2 · balance_after: The number of common shares listed in Column 5 of Table 1 excludes the number of unvested performance-based restricted share units ("PSUs") and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 25,389 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period) and 3,588 RSUs. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| February 11, 2018 Filed Feb 13, 2018 19:29 UTC |
JACKMAN WORTHINGEVP & CFO
|
Exercise / conversionRestricted Share Unites · Derivative | 5,342 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001562180-18-000745 · primarydocument.xml · derivative · entry 5 JACKMAN WORTHING · CIK 0001229832 · EVP & CFO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,682 Underlying: Common Shares · 5,342 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F2 · derivative.exercise_date: Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 11, 2016 and have a vesting schedule of 25% per year over a four-year period. The common shares are reported on Table 1. F2 · derivative.expiration_date: Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 11, 2016 and have a vesting schedule of 25% per year over a four-year period. The common shares are reported on Table 1. Read SEC document |
| February 11, 2018 Filed Feb 13, 2018 19:29 UTC |
JACKMAN WORTHINGEVP & CFO
|
Tax withholdingCommon Shares | 2,142 | $66.76 | $142,999.92 |
DisclosureSEC source: 0001562180-18-000745 · primarydocument.xml · nonDerivative · entry 2 JACKMAN WORTHING · CIK 0001229832 · EVP & CFO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 99,998 F1 · kind: 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. Read SEC document |
| February 11, 2018 Filed Feb 13, 2018 19:29 UTC |
JACKMAN WORTHINGEVP & CFO
|
Exercise / conversionCommon Shares | 5,342 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-18-000745 · primarydocument.xml · nonDerivative · entry 1 JACKMAN WORTHING · CIK 0001229832 · EVP & CFO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 102,140 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| February 11, 2018 Filed Feb 13, 2018 19:24 UTC |
Black Matthew StephenSr. Vice President - Tax
|
Exercise / conversionRestricted Share Units · Derivative | 1,815 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001562180-18-000740 · primarydocument.xml · derivative · entry 5 Black Matthew Stephen · CIK 0001544201 · Sr. Vice President - Tax 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 3,628 Underlying: Common Shares · 1,815 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_date: Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 11, 2016 and have a vesting schedule of 25% per year over a four-year period. The common shares are reported on Table 1. F3 · derivative.expiration_date: Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 11, 2016 and have a vesting schedule of 25% per year over a four-year period. The common shares are reported on Table 1. Read SEC document |
| February 11, 2018 Filed Feb 13, 2018 19:24 UTC |
Black Matthew StephenSr. Vice President - Tax
|
Tax withholdingCommon Shares | 514 | $66.76 | $34,314.64 |
DisclosureSEC source: 0001562180-18-000740 · primarydocument.xml · nonDerivative · entry 2 Black Matthew Stephen · CIK 0001544201 · Sr. Vice President - Tax 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 23,855 F2 · kind: 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. Read SEC document |
| February 11, 2018 Filed Feb 13, 2018 19:24 UTC |
Black Matthew StephenSr. Vice President - Tax
|
Exercise / conversionCommon Shares | 1,815 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-18-000740 · primarydocument.xml · nonDerivative · entry 1 Black Matthew Stephen · CIK 0001544201 · Sr. Vice President - Tax 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 24,369 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · balance_after: The number of common shares listed in Column 5 of Table I excludes the number of unvested performance-based restricted share units ("PSUs") and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 16,658 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period) and 1,858 RSUs. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| November 22, 2017 Filed Jan 19, 2018 19:35 UTC |
BOUCK STEVEN FPresident
|
GiftCommon Stock | 330 | $68.54 | $22,618.20 |
DisclosureSEC source: 0001562180-18-000360 · primarydocument.xml · nonDerivative · entry 1 BOUCK STEVEN F · CIK 0001064312 · President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 288,007 Read SEC document |
| October 31, 2017 Filed Nov 2, 2017 17:04 UTC |
CHAMBLISS DARRELL WEVP & COO
|
SaleCommon Stock | 1,292 | $71.05 | $91,801.77 |
DisclosureSEC source: 0001562180-17-003444 · primarydocument.xml · nonDerivative · entry 2 CHAMBLISS DARRELL W · CIK 0001064311 · EVP & COO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 100,000 Read SEC document |
| October 31, 2017 Filed Nov 2, 2017 17:04 UTC |
CHAMBLISS DARRELL WEVP & COO
|
SaleCommon Stock | 4,333 | $70.97 | $307,512.58 |
DisclosureSEC source: 0001562180-17-003444 · primarydocument.xml · nonDerivative · entry 1 CHAMBLISS DARRELL W · CIK 0001064311 · EVP & COO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 101,292 Read SEC document |
| October 30, 2017 Filed Oct 31, 2017 13:50 UTC |
DAVIS ROBERTDirector
|
SaleCommon Stock | 700 | $71.72 | $50,204.00 |
DisclosureSEC source: 0001562180-17-003388 · primarydocument.xml · nonDerivative · entry 1 DAVIS ROBERT · CIK 0001247175 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,598 F1 · balance_after: The number of common shares listed in Column 5 of Table I excludes the number of unvested restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 982 RSUs and 787 previously reported deferred share units ("DSUs"). RSUs vest into an equal number of the Issuer's common shares and DSUs are settled in cash upon the occurrence of certain events, including the reporting person's retirement, and generally do not expire. The reporting person will report his RSUs separately and will continue to report his DSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| September 13, 2017 Filed Jan 12, 2018 17:53 UTC |
MITTELSTAEDT RONALD JDirector · Chief Executive Officer
|
GiftCommon Stock | 12,500 | $69.47 | $868,375.00 |
DisclosureSEC source: 0001562180-18-000296 · primarydocument.xml · nonDerivative · entry 1 MITTELSTAEDT RONALD J · CIK 0001064299 · Director · Chief Executive Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 110,984 F1 · balance_after: The number of common shares listed in Column 5 of Table 1 excludes the number of unvested performance-based restricted share units ("PSUs") and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 5, the reporting person owns an additional 111,175 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period) and 17,083 RSUs. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. F2 · balance_after: Executive officers of Old Waste Connections, in years prior to 2015, were able to voluntarily defer receipt of RSU grants under Old Waste Connections' Nonqualified Deferred Compensation Plan, which plan was assumed by New Waste Connections on June 1, 2016 in connection with the Progressive Waste acquisition. The reporting person holds an additional 180,530 RSUs under the Nonqualified Deferred Compensation Plan. The RSUs held under the Nonqualified Deferred Compensation Plan are not considered common shares of the Issuer that are beneficially owned for SEC disclosure purposes. They ultimately are settled in common shares of the Issuer, and they represent an investment risk in the performance of the Issuer's common shares. Read SEC document |
| August 10, 2017 Filed Jan 12, 2018 16:50 UTC |
HALL DAVID MSr. Vice President
|
OtherCommon Stock | 4,888 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-18-000302 · primarydocument.xml · nonDerivative · entry 1 HALL DAVID M · CIK 0001089079 · Sr. Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 8,778 F1 · kind: Reporting person transferred 4,888 shares to his ex-wife pursuant to a domestic relations order. Reporting person no longer claims beneficial ownership of these shares. F2 · balance_after: The number of common shares listed in Column 5 of Table 1 excludes the number of unvested performance-based restricted share units ("PSUs") and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 5, the reporting person owns an additional 21,464 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period) and 3,250 RSUs. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| August 02, 2017 Filed Aug 4, 2017 20:19 UTC |
GUILLET EDWARD EDirector
|
SaleCommon Stock | 11,500 | $65.27 | $750,599.25 |
DisclosureSEC source: 0001562180-17-002600 · primarydocument.xml · nonDerivative · entry 1 GUILLET EDWARD E · CIK 0001203079 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 68,535 F1 · balance_after: The number of common shares listed in Column 5 of Table 1 excludes the number of unvested restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 982 RSUs. The reporting person will report his RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| August 01, 2017 Filed Aug 3, 2017 16:26 UTC |
CHAMBLISS DARRELL WEVP & COO
|
Salecommon stock | 25,000 | $65.05 | $1,626,257.50 |
DisclosureSEC source: 0001562180-17-002589 · primarydocument.xml · nonDerivative · entry 1 CHAMBLISS DARRELL W · CIK 0001064311 · EVP & COO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 105,625 F1 · balance_after: The number of common shares listed in Column 5 of Table 1 excludes the number of unvested performance-based restricted share units ("PSUs"), and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 40,553 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period), and 6,030 RSUs. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. F2 · balance_after: The number of common shares listed in Column 5 of Table 1 also exclude the number of restricted share units to be settled pursuant to an election made in connection with the Issuer's nonqualified deferred compensation plan. As of the date of this Form 4, the reporting person owns an additional 37,569 deferred restricted share units. The reporting person will report these units separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| July 31, 2017 Filed Aug 2, 2017 21:12 UTC |
LITTLE JAMESSr. Vice President Engineering
|
SaleCommon Stock | 3,000 | $64.81 | $194,430.30 |
DisclosureSEC source: 0001562180-17-002586 · primarydocument.xml · nonDerivative · entry 1 LITTLE JAMES · CIK 0001130416 · Sr. Vice President Engineering 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 21,477 F1 · balance_after: The number of common shares listed in Column 5 of Table 1 excludes the number of unvested performance-based restricted share units ("PSUs") and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 27,162 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period) and 3,927 RSUs. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| July 28, 2017 Filed Aug 1, 2017 20:27 UTC |
JACKMAN WORTHINGEVP & CFO
|
SaleCommon Stock | 30,000 | $65.00 | $1,950,039.00 |
DisclosureSEC source: 0001562180-17-002552 · primarydocument.xml · nonDerivative · entry 1 JACKMAN WORTHING · CIK 0001229832 · EVP & CFO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 96,798 F1 · balance_after: The number of common shares listed in Column 5 of Table I excludes the number of unvested performance-based restricted share units ("PSUs") and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 46,320 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period) and 6,612 RSUs. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| July 14, 2017 Filed Jan 12, 2018 17:47 UTC |
Shea Patrick JamesSr. VP, General Counsel & Sec
|
GiftCommon Stock | 20 | $64.55 | $1,291.00 |
DisclosureSEC source: 0001562180-18-000295 · primarydocument.xml · nonDerivative · entry 1 Shea Patrick James · CIK 0001428227 · Sr. VP, General Counsel & Sec 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 33,352 Read SEC document |
| June 07, 2017 Filed Jun 8, 2017 15:54 UTC |
BOUCK STEVEN FPresident
|
SaleCommon Stock | 15,000 | $96.05 | $1,440,750.00 |
DisclosureSEC source: 0001562180-17-002226 · primarydocument.xml · nonDerivative · entry 1 BOUCK STEVEN F · CIK 0001064312 · President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 192,225 F1 · balance_after: The number of common shares listed in Column 5 of Table 1 excludes the number of unvested performance-based restricted share units ("PSUs") and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 36,149 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period) and 5,481 RSUs. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| June 06, 2017 Filed Jun 7, 2017 13:10 UTC |
Lee SusanDirector
|
PurchaseCommon Stock | 800 | $96.97 | $77,576.00 |
DisclosureSEC source: 0001562180-17-002222 · primarydocument.xml · nonDerivative · entry 1 Lee Susan · CIK 0001673407 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,079 Read SEC document |
| June 05, 2017 Filed Jun 7, 2017 14:15 UTC |
HARLAN MICHAEL WDirector
|
SaleCommon Shares | 3,400 | $96.49 | $328,055.80 |
DisclosureSEC source: 0001144204-17-031483 · v468629_4.xml · nonDerivative · entry 1 HARLAN MICHAEL W · CIK 0001064313 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 27,536 F1 · balance_after: The number of common shares listed in Column 5 of Table I excludes the number of unvested restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 655 RSUs and 535 previously reported deferred share units ("DSUs"). RSUs vest into an equal number of the Issuer's common shares and DSUs are settled in cash upon the occurrence of certain events, including the reporting person's retirement, and generally do not expire. The reporting person will report his RSUs separately and will continue to report his DSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| June 02, 2017 Filed Jun 6, 2017 20:36 UTC |
Shea Patrick JamesSr. VP, General Counsel & Sec
|
SaleCommon Shares | 2,000 | $96.91 | $193,816.00 |
DisclosureSEC source: 0001144204-17-031314 · v468564_form4.xml · nonDerivative · entry 3 Shea Patrick James · CIK 0001428227 · Sr. VP, General Counsel & Sec 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 22,248 F1 · balance_after: The number of common shares listed in Column 5 of Table I excludes the number of unvested performance-based restricted share units ("PSUs") and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 18,014 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount, depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period) and 2,028 RSUs. PSUs and RSUs are exercisable in cash, an equal number of the Issuer's common shares, or a combination thereof. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| June 02, 2017 Filed Jun 6, 2017 20:36 UTC |
Shea Patrick JamesSr. VP, General Counsel & Sec
|
SaleCommon Shares | 2,000 | $96.97 | $193,932.00 |
DisclosureSEC source: 0001144204-17-031314 · v468564_form4.xml · nonDerivative · entry 2 Shea Patrick James · CIK 0001428227 · Sr. VP, General Counsel & Sec 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 24,248 F1 · balance_after: The number of common shares listed in Column 5 of Table I excludes the number of unvested performance-based restricted share units ("PSUs") and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 18,014 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount, depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period) and 2,028 RSUs. PSUs and RSUs are exercisable in cash, an equal number of the Issuer's common shares, or a combination thereof. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| June 02, 2017 Filed Jun 6, 2017 20:36 UTC |
Shea Patrick JamesSr. VP, General Counsel & Sec
|
SaleCommon Shares | 2,000 | $96.97 | $193,940.00 |
DisclosureSEC source: 0001144204-17-031314 · v468564_form4.xml · nonDerivative · entry 1 Shea Patrick James · CIK 0001428227 · Sr. VP, General Counsel & Sec 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 26,248 F1 · balance_after: The number of common shares listed in Column 5 of Table I excludes the number of unvested performance-based restricted share units ("PSUs") and restricted share units ("RSUs") previously granted by Waste Connections, Inc. (the "Issuer") to the reporting person. As of the date of this Form 4, the reporting person owns an additional 18,014 PSUs (with the number of units that actually vest at the end of each applicable performance period being 0% to 250% of the scheduled amount, depending on the terms of the PSU and the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period) and 2,028 RSUs. PSUs and RSUs are exercisable in cash, an equal number of the Issuer's common shares, or a combination thereof. The reporting person will report his PSUs and RSUs separately in Table II of each subsequent Form 4 filed by the reporting person. Read SEC document |
| May 16, 2017 Filed May 16, 2017 17:42 UTC |
Lee SusanDirector
|
PurchaseCommon Shares | 600 | $91.82 | $55,092.00 |
DisclosureSEC source: 0001144204-17-028004 · v467234_4.xml · nonDerivative · entry 2 Lee Susan · CIK 0001673407 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 4,279 F1 · price: For purposes of this disclosure, Canadian dollar amounts have been converted to U.S. dollars based on the Bank of Canada daily noon exchange rate for each transaction date, which was the same for each day: CAD$1.00 = US$0.736. Read SEC document |
| May 12, 2017 Filed May 16, 2017 17:42 UTC |
Lee SusanDirector
|
PurchaseCommon Shares | 600 | $92.28 | $55,368.00 |
DisclosureSEC source: 0001144204-17-028004 · v467234_4.xml · nonDerivative · entry 1 Lee Susan · CIK 0001673407 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 3,679 F1 · price: For purposes of this disclosure, Canadian dollar amounts have been converted to U.S. dollars based on the Bank of Canada daily noon exchange rate for each transaction date, which was the same for each day: CAD$1.00 = US$0.736. Read SEC document |
| March 27, 2017 Filed Mar 29, 2017 20:33 UTC |
JACKMAN WORTHINGEVP & CFO
|
Tax withholdingCommon Stock | 8,918 | $86.35 | $770,069.30 |
DisclosureSEC source: 0001562180-17-001351 · primarydocument.xml · nonDerivative · entry 1 JACKMAN WORTHING · CIK 0001229832 · EVP & CFO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 119,818 F1 · shares: Represents shares withheld by the Company from an award of restricted stock units in satisfaction of the applicable withholding taxes due as a result of the end of the deferral period of those restricted stock units, through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds a portion of the vested shares issuable as a result of reaching the previously specified in-service date of shares deferred under the Company's Deferred Compensation Program with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. F2 · balance_after: Total includes an increase of 63 shares to correct a clerical error from previous filing. Read SEC document |
| March 09, 2017 Filed Mar 14, 2017 14:45 UTC |
LITTLE JAMESSr. Vice President Engineering
|
SaleCommon Shares | 3,108 | $86.40 | $268,537.42 |
DisclosureSEC source: 0001562180-17-001252 · primarydocument.xml · nonDerivative · entry 1 LITTLE JAMES · CIK 0001130416 · Sr. Vice President Engineering 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 43,204 F1 · balance_after: Beneficial Ownership number increased by 67 shares to correct clerical error on last filing. Read SEC document |
| March 02, 2017 Filed Mar 6, 2017 21:05 UTC |
DAVIS ROBERTDirector
|
SaleCommon Shares | 500 | $87.72 | $43,860.00 |
DisclosureSEC source: 0001562180-17-001126 · primarydocument.xml · nonDerivative · entry 1 DAVIS ROBERT · CIK 0001247175 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 9,521 Read SEC document |
| February 25, 2017 Filed Feb 28, 2017 16:12 UTC |
HALL DAVID MSr. Vice President
|
SaleCommon Shares | 710 | $87.33 | $62,004.30 |
DisclosureSEC source: 0001562180-17-000962 · primarydocument.xml · nonDerivative · entry 3 HALL DAVID M · CIK 0001089079 · Sr. Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 30,255 F3 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. Read SEC document |
| February 25, 2017 Filed Feb 28, 2017 21:12 UTC |
MITTELSTAEDT RONALD JDirector · Chief Executive Officer
|
SaleCommon Shares | 2,673 | $87.33 | $233,433.09 |
DisclosureSEC source: 0001562180-17-000963 · primarydocument.xml · nonDerivative · entry 4 MITTELSTAEDT RONALD J · CIK 0001064299 · Director · Chief Executive Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 318,088 F3 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. Read SEC document |
| February 25, 2017 Filed Feb 28, 2017 21:12 UTC |
MITTELSTAEDT RONALD JDirector · Chief Executive Officer
|
SaleCommon Shares | 146 | $87.33 | $12,750.18 |
DisclosureSEC source: 0001562180-17-000963 · primarydocument.xml · nonDerivative · entry 3 MITTELSTAEDT RONALD J · CIK 0001064299 · Director · Chief Executive Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 320,761 F3 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. Read SEC document |
| February 25, 2017 Filed Feb 28, 2017 21:12 UTC |
BOUCK STEVEN FPresident
|
SaleCommon Shares | 2,653 | $87.33 | $231,686.49 |
DisclosureSEC source: 0001562180-17-000964 · primarydocument.xml · nonDerivative · entry 3 BOUCK STEVEN F · CIK 0001064312 · President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 248,981 F3 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. Read SEC document |
| February 25, 2017 Filed Feb 28, 2017 16:13 UTC |
CHAMBLISS DARRELL WEVP & COO
|
SaleCommon Shares | 2,064 | $87.33 | $180,249.12 |
DisclosureSEC source: 0001562180-17-000966 · primarydocument.xml · nonDerivative · entry 3 CHAMBLISS DARRELL W · CIK 0001064311 · EVP & COO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 147,134 Read SEC document |
| February 25, 2017 Filed Feb 28, 2017 21:13 UTC |
LITTLE JAMESSr. Vice President Engineering
|
SaleCommon Shares | 896 | $87.33 | $78,247.68 |
DisclosureSEC source: 0001562180-17-000967 · primarydocument.xml · nonDerivative · entry 3 LITTLE JAMES · CIK 0001130416 · Sr. Vice President Engineering 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 46,245 F3 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. Read SEC document |
| February 25, 2017 Filed Feb 28, 2017 21:10 UTC |
Shea Patrick JamesSr. VP, General Counsel & Sec
|
SaleCommon Shares | 702 | $87.33 | $61,305.66 |
DisclosureSEC source: 0001562180-17-000959 · primarydocument.xml · nonDerivative · entry 3 Shea Patrick James · CIK 0001428227 · Sr. VP, General Counsel & Sec 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 48,221 F3 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. Read SEC document |
| February 25, 2017 Filed Feb 28, 2017 21:13 UTC |
JACKMAN WORTHINGEVP & CFO
|
SaleCommon Shares | 177 | $87.33 | $15,457.41 |
DisclosureSEC source: 0001562180-17-000965 · primarydocument.xml · nonDerivative · entry 3 JACKMAN WORTHING · CIK 0001229832 · EVP & CFO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 128,673 F3 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. Read SEC document |
| February 25, 2017 Filed Feb 28, 2017 21:11 UTC |
EDDIE DAVIDSr. VP & Chief Accting Officer
|
SaleCommon Shares | 1,235 | $87.33 | $107,852.55 |
DisclosureSEC source: 0001562180-17-000961 · primarydocument.xml · nonDerivative · entry 3 EDDIE DAVID · CIK 0001230346 · Sr. VP & Chief Accting Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 91,184 F3 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. Read SEC document |
| February 25, 2017 Filed Feb 28, 2017 21:11 UTC |
Black Matthew StephenSr. Vice President - Tax
|
SaleCommon Shares | 422 | $87.33 | $36,853.26 |
DisclosureSEC source: 0001562180-17-000960 · primarydocument.xml · nonDerivative · entry 3 Black Matthew Stephen · CIK 0001544201 · Sr. Vice President - Tax 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,004 F3 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 16:12 UTC |
HALL DAVID MSr. Vice President
|
GrantCommon Shares | 1,843 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-17-000962 · primarydocument.xml · nonDerivative · entry 2 HALL DAVID M · CIK 0001089079 · Sr. Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 30,965 F2 · price: Represents a grant of performance-based restricted share units under the Waste Connections, Inc. (the "Company") 2016 Incentive Award Plan (the "2016 Plan"). 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 Company 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 4608 (250% of the target number). Vested restricted share units will be paid in cash, an equal number of shares of the Company's common shares, or a combination thereof. Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 16:12 UTC |
HALL DAVID MSr. Vice President
|
GrantCommon Shares | 3,424 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-17-000962 · primarydocument.xml · nonDerivative · entry 1 HALL DAVID M · CIK 0001089079 · Sr. Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 29,122 F1 · price: Represents a grant of performance-based restricted share units under the Waste Connections, Inc. (the "Company") 2016 Incentive Award Plan (the "2016 Plan"). 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 will actually vest over the four year vesting period will be either 0% or 100% of the scheduled amount, depending on whether the Company meets certain performance goals at the end of the first year of the vesting period. If the Company meets its performance goals at the end of the first year vesting period, then the units shall vest in four equal annual installments. Vested restricted share units will be paid in cash, an equal number of shares of the Company's common shares, or a combination thereof. Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 21:12 UTC |
MITTELSTAEDT RONALD JDirector · Chief Executive Officer
|
GrantCommon Shares | 8,932 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-17-000963 · primarydocument.xml · nonDerivative · entry 2 MITTELSTAEDT RONALD J · CIK 0001064299 · Director · Chief Executive Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 320,907 F2 · price: Represents a grant of performance-based restricted share units under the Waste Connections, Inc. (the "Company") 2016 Incentive Award Plan (the "2016 Plan"). 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 Company 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 22,330 (250% of the target number). Vested restricted share units will be paid in cash, an equal number of shares of the Company's common shares, or a combination thereof. Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 21:12 UTC |
MITTELSTAEDT RONALD JDirector · Chief Executive Officer
|
GrantCommon Shares | 16,588 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-17-000963 · primarydocument.xml · nonDerivative · entry 1 MITTELSTAEDT RONALD J · CIK 0001064299 · Director · Chief Executive Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 311,975 F1 · price: Represents a grant of performance-based restricted share units under the Waste Connections, Inc. (the "Company") 2016 Incentive Award Plan (the "2016 Plan"). 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 will actually vest over the four year vesting period will be either 0% or 100% of the scheduled amount, depending on whether the Company meets certain performance goals at the end of the first year of the vesting period. If the Company meets its performance goals at the end of the first year vesting period, then the units shall vest in four equal annual installments. Vested restricted share units will be paid in cash, an equal number of shares of the Company's common shares, or a combination thereof. Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 16:13 UTC |
HARLAN MICHAEL WDirector
|
GrantCommon Shares · Derivative | 525 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-17-000969 · primarydocument.xml · derivative · entry 3 HARLAN MICHAEL W · CIK 0001064313 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 525 Underlying: Common Shares · 525 shares Expires not disclosed F4 · derivative.exercise_price: One Deferred Stock Unit ("DSU") is the economic equivalent of one common share of Waste Connections, Inc. ("WCN"), granted pursuant to Waste Connections, Inc. 2016 Incentive Award Plan. DSU units will be settled in cash upon distribution to the reporting person upon such person's retirement and generally do not expire. F4 · derivative.exercise_date: One Deferred Stock Unit ("DSU") is the economic equivalent of one common share of Waste Connections, Inc. ("WCN"), granted pursuant to Waste Connections, Inc. 2016 Incentive Award Plan. DSU units will be settled in cash upon distribution to the reporting person upon such person's retirement and generally do not expire. F4 · derivative.expiration_date: One Deferred Stock Unit ("DSU") is the economic equivalent of one common share of Waste Connections, Inc. ("WCN"), granted pursuant to Waste Connections, Inc. 2016 Incentive Award Plan. DSU units will be settled in cash upon distribution to the reporting person upon such person's retirement and generally do not expire. Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 16:13 UTC |
HARLAN MICHAEL WDirector
|
SaleCommon Shares | 337 | $87.31 | $29,423.47 |
DisclosureSEC source: 0001562180-17-000969 · primarydocument.xml · nonDerivative · entry 2 HARLAN MICHAEL W · CIK 0001064313 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 31,591 F2 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. F3 · price: For purposes of this disclosure, Canadian dollar amounts have been converted to U.S. dollars based on the Bank of Canada daily noon exchange rate for February 24, 2017, Cdn.$1.00 = US$0.7631 Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 16:13 UTC |
HARLAN MICHAEL WDirector
|
GrantCommon Shares | 1,311 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-17-000969 · primarydocument.xml · nonDerivative · entry 1 HARLAN MICHAEL W · CIK 0001064313 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 31,928 F1 · price: This represents an award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the issuer's common shares. Subject to the reporting person's continued service with the issuer, the award shall vest in 2 equal annual installments, commencing on the date of the grant. Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 21:12 UTC |
BOUCK STEVEN FPresident
|
GrantCommon Shares | 4,572 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-17-000964 · primarydocument.xml · nonDerivative · entry 2 BOUCK STEVEN F · CIK 0001064312 · President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 251,634 F2 · price: Represents a grant of performance-based restricted share units under the Waste Connections, Inc. (the "Company") 2016 Incentive Award Plan (the "2016 Plan"). 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 Company 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 11,430 (250% of the target number). Vested restricted share units will be paid in cash, an equal number of shares of the Company's common shares, or a combination thereof. Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 21:12 UTC |
BOUCK STEVEN FPresident
|
GrantCommon Shares | 8,491 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-17-000964 · primarydocument.xml · nonDerivative · entry 1 BOUCK STEVEN F · CIK 0001064312 · President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 247,062 F1 · price: Represents a grant of performance-based restricted share units under the Waste Connections, Inc. (the "Company") 2016 Incentive Award Plan (the "2016 Plan"). 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 will actually vest over the four year vesting period will be either 0% or 100% of the scheduled amount, depending on whether the Company meets certain performance goals at the end of the first year of the vesting period. If the Company meets its performance goals at the end of the first year vesting period, then the units shall vest in four equal annual installments. Vested restricted share units will be paid in cash, an equal number of shares of the Company's common shares, or a combination thereof. Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 16:08 UTC |
RAZZOUK WILLIAM JDirector
|
GrantCommon Shares · Derivative | 525 | $0.00 | $0.00 |
DisclosureSEC source: 0001562180-17-000958 · primarydocument.xml · derivative · entry 3 RAZZOUK WILLIAM J · CIK 0001064306 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 525 Underlying: Common Shares · 525 shares Expires not disclosed F4 · derivative.exercise_price: One Deferred Stock Unit ("DSU") is the economic equivalent of one common share of Waste Connections, Inc. ("WCN"), granted pursuant to Waste Connections, Inc. 2016 Incentive Award Plan. DSU units will be settled in cash upon distribution to the reporting person upon such person's retirement and generally do not expire. F4 · price: One Deferred Stock Unit ("DSU") is the economic equivalent of one common share of Waste Connections, Inc. ("WCN"), granted pursuant to Waste Connections, Inc. 2016 Incentive Award Plan. DSU units will be settled in cash upon distribution to the reporting person upon such person's retirement and generally do not expire. F4 · derivative.exercise_date: One Deferred Stock Unit ("DSU") is the economic equivalent of one common share of Waste Connections, Inc. ("WCN"), granted pursuant to Waste Connections, Inc. 2016 Incentive Award Plan. DSU units will be settled in cash upon distribution to the reporting person upon such person's retirement and generally do not expire. F4 · derivative.expiration_date: One Deferred Stock Unit ("DSU") is the economic equivalent of one common share of Waste Connections, Inc. ("WCN"), granted pursuant to Waste Connections, Inc. 2016 Incentive Award Plan. DSU units will be settled in cash upon distribution to the reporting person upon such person's retirement and generally do not expire. Read SEC document |
| February 24, 2017 Filed Feb 28, 2017 16:08 UTC |
RAZZOUK WILLIAM JDirector
|
Disposition to issuerCommon Share | 337 | $87.31 | $29,423.47 |
DisclosureSEC source: 0001562180-17-000958 · primarydocument.xml · nonDerivative · entry 2 RAZZOUK WILLIAM J · CIK 0001064306 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,023 F2 · shares: Represents shares withheld by the Company from an award of restricted share units in satisfaction of the applicable withholding taxes due as a result of the vesting of those restricted share units through an automatic share withholding procedure. Pursuant to this procedure, the Company withholds as the units vest a portion of the vested shares issuable under the award with a fair market value (measured as of the vesting date) equal to the amount of such withholding taxes. F3 · price: For purposes of this disclosure, Canadian dollar amounts have been converted to U.S. dollars based on the Bank of Canada daily noon exchange rate for February 24, 2017, Cdn.$1.00 = US$0.7631 Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.