WASTE MANAGEMENT INC — Director's Dealing 2016

Aug 11, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASTE MANAGEMENT INC (WM)
CIK: 0000823768
Period of Report: 2016-08-09

Reporting Person: Bhasin Puneet (EVP Corp Op & Pres WM Recyclin)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-09	Common Stock	M	2105.0000	$41.3700	Acquired	44431.0000	Direct
2016-08-09	Common Stock	S	2105.0000	$65.8412	Disposed	42326.0000	Direct
2016-08-10	Common Stock	M	9131.0000	$41.3700	Acquired	51457.0000	Direct
2016-08-10	Common Stock	S	9131.0000	$65.8085	Disposed	42326.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-09	Stock Option (Right to Buy)	$41.3700	M	2105.0000	Disposed	2024-03-07	Common Stock (2105.0000)	Direct
2016-08-10	Stock Option (Right to Buy)	$41.3700	M	9131.0000	Disposed	2024-03-07	Common Stock (9131.0000)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $65.83 to $65.86. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: This transaction was executed in multiple trades at prices ranging from $65.76 to $65.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: Stock option granted pursuant to Waste Management, Inc. 2009 Stock Incentive Plan. The stock option vests 25% on the first and second anniversary of the date of grant with the remaining 50% on the third anniversary of the date of grant.