New insider Tan Derek claimed ownership of 1,168 shares (SEC Form 3)
$WCN
Environmental Services
Utilities
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 05/19/2025 |
3. Issuer Name and Ticker or Trading Symbol
Waste Connections, Inc. [ WCN ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Shares | 1,168 | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Restricted Share Units | (1) | (1) | Common Shares | 273 | $0.00 | D | |
| Restricted Share Units | (2) | (2) | Common Shares | 817 | $0.00 | D | |
| Restricted Share Units | (3) | (3) | Common Shares | 552 | $0.00 | D | |
| Restricted Share Units | (4) | (4) | Common Shares | 828 | $0.00 | D | |
| Restricted Share Units | (5) | (5) | Common Shares | 926 | $0.00 | D | |
| Restricted Share Units | (6) | (6) | Common Shares | 925 | $0.00 | D | |
| Restricted Share Units | (7) | (7) | Common Shares | 1,293 | $0.00 | D | |
| Explanation of Responses: |
| 1. The restricted share units were awarded on February 17, 2023. The award vests in three equal annual instalments commencing on the first anniversary of the date of the award. |
| 2. Represents performance-based restricted share units awarded on February 17, 2023. The target number of units is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the number of units that actually vest at the end of the three-year performance period will be 0% to 250% of the scheduled amount, depending on the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period. The maximum number of units that may vest at the end of the three-year performance period is 2,042 (250% of the target number). |
| 3. The restricted share units were awarded on February 16, 2024. The award vests in three equal annual instalments commencing on the first anniversary of the date of the award. |
| 4. Represents performance-based restricted share units awarded on February 16, 2024. The target number of units is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the number of units that actually vest at the end of the three-year performance period will be 0% to 250% of the scheduled amount, depending on the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period. The maximum number of units that may vest at the end of the three-year performance period is 2,070 (250% of the target number). |
| 5. The restricted share units were awarded on February 14, 2025. The award vests in four equal annual installments commencing on the first anniversary of the date of the award. |
| 6. Represents performance-based restricted share units awarded on February 14, 2025. The target number of units is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the number of units that actually vest at the end of the three-year performance period will be 0% to 250% of the scheduled amount, depending on the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period. The maximum number of units that may vest at the end of the three-year performance period is 2,312 (250% of the target number). |
| 7. The restricted share units were awarded on February 25, 2025. The award fully vests on the fourth anniversary of the date of the award. |
| Remarks: |
| Derek Tan | 05/23/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||