CASELLA WASTE SYSTEMS INC — Director's Dealing 2021

Feb 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASELLA WASTE SYSTEMS INC (CWST)
CIK: 0000911177
Period of Report: 2021-02-24

Reporting Person: CASELLA JOHN W (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-24	Class A Common Stock	A	68355	—	Acquired	151591	Direct
2021-02-25	Class A Common Stock	S	16409	$60.44	Disposed	135182	Direct
2021-02-26	Class A Common Stock	S	15293	$59.07	Disposed	119889	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	494100	Direct
Class A Common Stock	694	Indirect

Footnotes

F1: 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.

F2: 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, 2018, as a result of the level of achievement by Casella Waste Systems, Inc. of certain performance objectives during the period running from January 1, 2020 through December 31, 2020, and a multiplier based on relative total shareholder return for the period running from January 1, 2018 to December 31, 2020.

F3: Represents the automatic sale of stock for tax withholding purposes pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 7, 2019, in connection with the vesting of PSUs on February 24, 2021.

F4: Represents the weighted average sales price for shares sold in multiple transactions, at prices ranging from $60.40 to $60.80, inclusive. 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.

F5: Represents the weighted average sales price for shares sold in multiple transactions, at prices ranging from $58.17 to $60.15, inclusive. 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.