JOHN W. CASELLA - 27 Feb 2024 Form 4 Insider Report for CASELLA WASTE SYSTEMS INC (CWST)

Signature
/s/ John W. Casella
Issuer symbol
CWST
Transactions as of
27 Feb 2024
Net transactions value
-$1,832,481
Form type
4
Filing time
29 Feb 2024, 16:35:27 UTC
Previous filing
04 Aug 2023
Next filing
14 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWST Class A Common Stock Award $0 +40,803 +361% $0.000000 52,102 27 Feb 2024 Direct F1
transaction CWST Class A Common Stock Sale $1,832,481 -20,300 -39% $90.27 31,802 28 Feb 2024 Direct F2, F3
holding CWST Class A Common Stock 694 27 Feb 2024 By Spouse F4
holding CWST Class B Common Stock 166,000 27 Feb 2024 Direct
holding CWST Class B Common Stock 137,000 27 Feb 2024 by SLAT 2 F5
holding CWST Class B Common Stock 134,000 27 Feb 2024 By SLAT F6
holding CWST Class B Common Stock 57,100 27 Feb 2024 By Spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock acquired by the reporting person upon the vesting of performance-based stock units (PSUs) granted to the reporting person on March 12, 2021, as a result of the level of achievement by the issuer of certain performance objectives during the period running from January 1, 2023 through December 31, 2023, and a multiplier based on relative total shareholder return for the period running from January 1, 2021 to December 31, 2023, as certified by the issuer's compensation and human capital committee on February 27, 2024.
F2 Represents the sale of shares of Class A Common Stock pursuant to a "sell-to-cover" transaction in order to satisfy tax withholding obligations in connection with the vesting of PSUs previously granted to the reporting person on March 12, 2021. This sale was effected pursuant to an automatic sell-to-cover instruction adopted by the reporting person on August 23, 2021 and does not represent a discretionary sale by the reporting person.
F3 Represents the weighted average sales price for shares sold in multiple transactions, ranging from $90.09 to $90.88. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
F4 Held by Mr. Casella's spouse. Mr. Casella disclaims beneficial ownership of the securities indicated to the extent to which he does not have an actual pecuniary interest in such securities.
F5 Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella ("SLAT 2"). Mr. Casella is the trustee of the SLAT 2.
F6 Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella's spouse ("SLAT"). Mr. Casella's spouse is the trustee of the SLAT. Mr. Casella disclaims beneficial ownership of the securities indicated to the extent to which he does not have an actual pecuniary interest in such securities.