CASELLA WASTE SYSTEMS INC — Director's Dealing 2013

Dec 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASELLA WASTE SYSTEMS INC (CWST)
CIK: 0000911177
Period of Report: 2013-12-11

Reporting Person: Johnson Edwin D (President & COO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-06	Incentive Stock Option (Right to Buy)	$3.81	J	50000	Disposed	2020-07-05	Class A Common Stock (50000)	Direct
2012-12-05	Incentive Stock Option (Right to Buy)	$4.00	J	52534	Disposed	2022-12-04	Class A Common Stock (52534)	Direct
2013-12-11	Incentive Stock Option (Right to Buy)	$5.71	A	50000	Acquired	2023-12-10	Class A Common Stock (50000)	Direct
2013-12-11	Incentive Stock Option (Right to Buy)	$5.71	A	52534	Acquired	2023-12-10	Class A Common Stock (52534)	Direct

Footnotes

F1: On December 11, 2013, the Reporting Person entered into a rescission agreement with the Issuer for the cancellation of a stock option to purchase 50,000 shares of common stock granted to the Reporting Person on July 6, 2010 and a stock option to purchase 52,534 shares of common stock granted to the reporting person on December 5, 2012 (collectively, the "Prior Options"). The Prior Options were cancelled because it was determined that they were issued to the Reporting Person in excess of the limits under the Issuer's 2006 Stock Incentive Plan. The stock options granted to the Reporting Person on December 11, 2013 and reported on this Form 4 replaced the Prior Options.