X0202 4 2005-01-03 0 0000823768 WASTE MANAGEMENT INC WMI 0001225849 RAGIEL STEVEN T 1001 FANNIN1001 FANNIN SUITE 4000SUITE 4000 HOUSTON TX 77002 0 1 0 0 President, Recycle America Common Stock 2005-01-03 4 M 0 5500.0000 20.50 A 24094.2054 D Common Stock 2005-01-03 4 M 0 2500.0000 24.01 A 26594.2054 D Common Stock 2005-01-03 4 S 0 5800.0000 29.77 D 20794.2054 D Common Stock 2005-01-03 4 S 0 195.0000 29.81 D 20599.2054 D Stock Option (Right to Buy) 20.50 2005-01-03 4 M 0 5500.0000 20.50 D 2000-09-13 2009-09-13 Common Stock 5500.0000 0.0000 D Stock Option (Right to Buy) 24.01 2005-01-03 4 M 0 2500.0000 24.01 D 2002-03-01 2011-03-01 Common Stock 2500.0000 22500.0000 D Phantom Stock Units 0 2004-12-30 4 A 0 4.3316 0 A 1988-08-08 1988-08-08 Common Stock 4.3316 506.8934 D Option exercised and shares sold pursuant to Mr. Ragiel's Rule 10b5-1 Sales Plan. Stock option granted pursuant to Waste Management, Inc. 1993 Stock Incentive Plan. Stock option vests in 20% annual increments, commencing on the first anniversary date of the date of grant. Stock option granted pursuant to Waste Management, Inc. 2000 Stock Incentive Plan. Stock option vests in 25% annual increments, commencing on the first anniversary of the date of grant. Phantom stock units accrued under the Waste Management, Inc. Retirement Savings Restoration Plan, a supplemental retirement savin gs plan. A phantom stock unit is equivalent to one share of Common Stock. Steven T. Ragiel 2005-01-04