WASTE MANAGEMENT INC — Director's Dealing 2020

Nov 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASTE MANAGEMENT INC (WM)
CIK: 0000823768
Period of Report: 2020-11-04

Reporting Person: Watson Michael J. (Sr. VP-Chief Customer Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-04	Common Stock	M	7342.0000	$54.6350	Acquired	23295.7744	Direct
2020-11-04	Common Stock	M	2100.0000	$56.2350	Acquired	25395.7744	Direct
2020-11-04	Common Stock	S	9442.0000	$117.4317	Disposed	15953.7744	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-04	Stock Option (Right to Buy)	$54.6350	M	7342.0000	Disposed	2025-02-25	Common Stock (7342.0000)	Direct
2020-11-04	Stock Option (Right to Buy)	$56.2350	M	2100.0000	Disposed	2026-02-26	Common Stock (2100.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2379.1239	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $117.39 to $117.60. 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. 2014 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.