0001692742-20-000044.txt : 20200313
0001692742-20-000044.hdr.sgml : 20200313
20200313111809
ACCESSION NUMBER: 0001692742-20-000044
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200311
FILED AS OF DATE: 20200313
DATE AS OF CHANGE: 20200313
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hoffman Richard J
CENTRAL INDEX KEY: 0001409138
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37556
FILM NUMBER: 20711316
MAIL ADDRESS:
STREET 1: 2355 WAUKEGAN ROAD
CITY: BANNOCKBURN
STATE: IL
ZIP: 60015
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: STERICYCLE INC
CENTRAL INDEX KEY: 0000861878
STANDARD INDUSTRIAL CLASSIFICATION: HAZARDOUS WASTE MANAGEMENT [4955]
IRS NUMBER: 363640402
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2355 WAUKEGAN ROAD
CITY: BANNOCKBURN
STATE: IL
ZIP: 60015
BUSINESS PHONE: 847-367-5910
MAIL ADDRESS:
STREET 1: 2355 WAUKEGAN ROAD
CITY: BANNOCKBURN
STATE: IL
ZIP: 60015
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2020-03-11
0
0000861878
STERICYCLE INC
SRCL
0001409138
Hoffman Richard J
2355 WAUKEGAN ROAD
BANNOCKBURN
IL
60015
0
1
0
0
SVP & Chief Accounting Officer
Common Stock
2020-03-11
4
M
0
969
A
4277
D
Common Stock
2020-03-11
4
F
0
284
51.56
D
3993
D
Common Stock
2020-03-12
4
M
0
1254
A
5247
D
Common Stock
2020-03-12
4
F
0
361
49.06
D
4886
D
Performance-based Restricted Stock Units
0.0
2020-03-11
4
A
0
1217
0.0
A
Common Stock
1217
6884
D
Restricted Stock Units
0.0
2020-03-11
4
A
0
3651
0.0
A
Common Stock
3651
11472
D
Restricted Stock Units
0.0
2020-03-11
4
A
0
969
0.0
A
Common Stock
969
12441
D
Restricted Stock Units
0.0
2020-03-11
4
A
0
973
0.0
A
Common Stock
973
13414
D
Restricted Stock Units
0.0
2020-03-11
4
M
0
969
D
Common Stock
969
12445
D
Restricted Stock Units
0.0
2020-03-12
4
M
0
1254
D
Common Stock
1254
11191
D
Each restricted stock unit (RSU) represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
o shares were sold. 284 shares were withheld by the Issuer to satisfy the minimum statutory tax withholding requirements on vesting of RSUs.
No shares were sold. 361 shares were withheld by the Issuer to satisfy the minimum statutory tax withholding requirements on vesting of RSUs.
Each restricted stock unit (RSU) represents the right to receive, at settlement, one share of common stock.
The vesting of these performance -based stock units ("PSU") is dependent upon the achievement by Stericycle,Inc. of certain financial performance criteria. Subject to continued employment through the applicable vesting date and to accelerated vesting in certain circumstances, the number of PSUs scheduled to vest on the third anniversary of the grant date following the 2022 annual performance period will vary between 0% and 187.5% of the number reported, depending on the extent to which Stericycle, Inc. meets certain financial performance goals.
The RSUs vest in 3 annual installments on each of the first three anniversaries of the grant date. All unvested RSUs are subject to continued employment through the applicable vesting date.
Each restricted stock unit(RSU) represents the right to receive, at settlement, one share of common stock. This transaction represents the full vesting of RSUs in shares of common stock on their scheduled vesting date which vested 100% on March 11,2020 (the grant date).
The RSUs vest 100% 6 months from the grant date. All unvested RSUs are subject to continued employment through the applicable vesting date.
This award was granted on March 12, 2019 for 3,762 shares. 1,254 shares vested on March 12, 2020 and the remaining unvested RSUs will continue to vest in equal annual installments on the next 2 anniversaries of the grant date. All unvested RSUs are subject to continued employment through the applicable vesting date.
/s/ Richard J. Hoffman
2020-03-13