WASTE MANAGEMENT INC — Director's Dealing 2016

Aug 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASTE MANAGEMENT INC (WM)
CIK: 0000823768
Period of Report: 2016-08-05

Reporting Person: Fish James C Jr (Pres, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-05	Common Stock	M	33708.0000	$41.3700	Acquired	140722.6487	Direct
2016-08-05	Common Stock	S	33708.0000	$65.9073	Disposed	107014.6487	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-05	Stock Option (Right to Buy)	$41.3700	M	33708.0000	Disposed	2024-03-07	Common Stock (33708.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3643.7858	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $65.85 to $65.97. 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: 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.