WASTE MANAGEMENT INC — Director's Dealing 2016

Mar 10, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASTE MANAGEMENT INC (WM)
CIK: 0000823768
Period of Report: 2016-03-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-09	Common Stock	M	55000.0000	$36.8850	Acquired	150603.6487	Direct
2016-03-09	Common Stock	S	562.0000	$57.7601	Disposed	150041.6487	Direct
2016-03-09	Common Stock	F	43027.0000	$57.4400	Disposed	107014.6487	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-09	Stock Option (Right to Buy)	$36.8850	M	55000.0000	Disposed	2023-03-08	Common Stock (55000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3643.7858	Indirect

Footnotes

F1: Sale of additional shares to cover personal federal income tax obligation pursuant to a Rule 10b5-1 Trading Plan.

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.