Sec Form 4 Filing - Weisman Michael @ STERICYCLE INC - 2021-04-16

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Weisman Michael
2. Issuer Name and Ticker or Trading Symbol
STERICYCLE INC [ SRCL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP Corp Ethics and Compliance
(Last) (First) (Middle)
2355 WAUKEGAN ROAD
3. Date of Earliest Transaction (MM/DD/YY)
04/16/2021
(Street)
BANNOCKBURN, IL60015
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/16/2021 M 553 A 4,619 D
Common Stock ( 2 ) 04/16/2021 F 163 D $ 68.89 4,456 D
Common Stock 04/16/2021 M 332 A 4,788 D
Common Stock ( 4 ) 04/16/2021 F 98 D $ 68.89 4,690 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance-based Restricted Stock Units $ 0 ( 1 ) 04/16/2021 M 553 ( 5 ) ( 5 ) Common Stock 553 ( 1 ) 13,539 D
Restricted Stock Units $ 0 ( 3 ) 04/16/2021 M 332 ( 6 ) ( 6 ) Common Stock 332 ( 3 ) 8,695 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Weisman Michael
2355 WAUKEGAN ROAD
BANNOCKBURN, IL60015
EVP Corp Ethics and Compliance
Signatures
/s/ Michael S. Weisman 04/19/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The vesting of these performance-based restricted stock units ("PRSU") 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, one-third (1/3) of the target number of PRSUs is scheduled to vest annually on each anniversary of the grant date following each of the 2018, 2019 and 2020 annual performance periods. Each year, the number of units that actually vest will be 0% to 100% of the scheduled amount, depending on the extent to which Stericycle, Inc. meets certain financial performance goals.
( 2 )No shares were sold. 163 shares were withheld by the Issuer to satisfy the minimum statutory tax withholding requirements on vesting of PSUs.
( 3 )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.
( 4 )No shares were sold. 98 shares were withheld by the Issuer to satisfy the minimum statutory tax withholding requirements on vesting of RSUs.
( 5 )This award was granted on April 16, 2018 for 1,661 shares. The final tranche of 553 shares vested on April 16, 2021.
( 6 )This award was granted on April 16, 2018 for 1,661 shares. 332 shares vested on April 16, 2021 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.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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