Waste Connections, Inc. — Director's Dealing 2021

Feb 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Waste Connections, Inc. (WCN)
CIK: 0001318220
Period of Report: 2021-02-19

Reporting Person: JORDAN ELISE LIPMAN (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-19	Common Shares	M	595.00	$0.00	Acquired	1698.00	Direct
2021-02-19	Common Shares	F	313.00	$100.0146	Disposed	1385.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-19	Deferred Share Units	$0.00	A	476.00	Acquired		Common Shares (476.00)	Direct
2021-02-19	Restricted Share Units	$0.00	A	1189.00	Acquired		Common Shares (1189.00)	Direct
2021-02-19	Restricted Share Units	$0.00	M	595.00	Disposed		Common Shares (595.00)	Direct

Footnotes

F1: 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.

F2: For purposes of this disclosure, Canadian dollar amounts have been converted to U.S. dollars. $126.09 CAD = $100.0146 US

F3: One Deferred Share Unit is the economic equivalent of one common share of the Issuer. Deferred Share Units will be settled in cash upon distribution to the reporting person upon such person's retirement and generally do not expire.

F4: Each restricted share 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 50% immediately on the award date and 50% on the first anniversary of the award date.

F5: Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 19, 2021 and have a vesting schedule of 50% immediately and 50% on the first anniversary of the award date.