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WASTE MANAGEMENT INC Director's Dealing 2016

May 6, 2016

29888_dirs_2016-05-06_355424cb-1b9d-4ad6-b63a-29163e57229c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASTE MANAGEMENT INC (WM)
CIK: 0000823768
Period of Report: 2016-05-04

Reporting Person: Harris Jeff M (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-05-04 Common Stock M 50287.0000 $36.8850 Acquired 74117.0000 Direct
2016-05-04 Common Stock M 26966.0000 $41.3700 Acquired 101083.0000 Direct
2016-05-04 Common Stock S 62927.0000 $60.0748 Disposed 38156.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-05-04 Stock Option (Right to Buy) $41.3700 M 26966.0000 Disposed 2024-03-07 Common Stock (26966.0000) Direct
2016-05-04 Stock Option (Right to Buy) $36.8850 M 50287.0000 Disposed 2023-03-08 Common Stock (50287.0000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 64410.1330 Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $59.97 to $60.00. 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.