Victoria L. Dolan - Nov 4, 2024 Form 4 Insider Report for STERICYCLE INC (SRCL)

Role: Director
Signature: /s/ Stuart Funderburg, Attorney-in-Fact
Stock symbol: SRCL
Transactions as of: Nov 4, 2024
Transactions value $: -$442,928
Form type: 4
Date filed: 11/4/2024, 05:08 PM
Previous filing: Oct 16, 2024
Next filing: May 27, 2025
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SRCL	Restricted Stock Units	Disposed to Issuer	-$443K	-7.14K	-100%	$62.00	0	Nov 4, 2024	Common Stock	7.14K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Victoria L. Dolan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
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.

Content

Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock.

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.