WASTE MANAGEMENT INC — Director's Dealing 2017

Feb 1, 2017

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: WASTE MANAGEMENT INC (WM)
CIK: 0000823768
Period of Report: 2016-12-31

Reporting Person: STEINER DAVID P (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-01	Phantom Stock Units	$0.0000	C	10360.5657	Disposed	1988-08-08	Common Stock (10360.5657)	Direct

Footnotes

F1: Mr. Steiner has allocated deferred compensation under the Company's 409A Deferral Savings Plan into an account that mirrors the Company's 401(k) Waste Management, Inc. stock fund, although the amounts are not actually invested in stock or funds. This form reports a cash distribution that was automatically triggered by Mr. Steiner's separation from service on November 10, 2016, reducing his phantom stock holdings. Mr. Steiner did not receive prior notice or consultation with respect to the distribution.