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: 2016-03-08

Reporting Person: Rankin Devina A (VP & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-08	Common Stock	F	208.0000	$57.0050	Disposed	9752.9510	Direct
2016-03-09	Common Stock	M	3262.0000	$36.8850	Acquired	13014.9510	Direct
2016-03-09	Common Stock	M	2078.0000	$41.3700	Acquired	15092.9510	Direct
2016-03-09	Common Stock	S	88.0000	$57.7301	Disposed	15004.9510	Direct
2016-03-09	Common Stock	S	176.0000	$57.6849	Disposed	14828.9510	Direct
2016-03-09	Common Stock	F	4070.0000	$57.4400	Disposed	10758.9510	Direct
2016-03-10	Common Stock	S	114.0000	$57.7800	Disposed	10644.9510	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-09	Stock Option (Right to Buy)	$41.3700	M	2078.0000	Disposed	2024-03-07	Common Stock (2078.0000)	Direct
2016-03-09	Stock Option (Right to Buy)	$36.8850	M	3262.0000	Disposed	2023-03-08	Common Stock (3262.0000)	Direct

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.