Waste Management 2015 Annual Report Download - page 24

D IRECTOR AND O FFICER S TOCK O WNERSHIP
Our Board of Directors has adopted stock ownership guidelines for our non-employee directors based on the
recommendation of the MD&C Committee, as described in Non-Employee Director Compensation on page 14 of
this Proxy Statement. Our executive officers, including Mr. Steiner, are also subject to stock ownership
guidelines, as described in the Compensation Discussion and Analysis on page 38 of this Proxy Statement.
The Security Ownership of Management table below shows the number of shares of Common Stock each
director nominee and each executive officer named in the Summary Compensation Table on page 41 beneficially
owned as of March 15, 2016, our record date for the annual meeting, as well as the number owned by all
directors and executive officers as a group. These individuals, both individually and in the aggregate, own less
than 1% of our outstanding shares as of the record date.
Security Ownership of Management
Name Shares of Common Stock Owned1
Shares of Common
Stock Covered by
Exercisable Options2Phantom Stock3
Bradbury H. Anderson4..................... 17,613 0 0
Frank M. Clark, Jr. ........................ 28,049 0 0
Andrés R. Gluski .......................... 4,147 0 0
Patrick W. Gross .......................... 21,090 0 0
Victoria M. Holt .......................... 10,249 0 0
Kathleen M. Mazzarella5................... 2,059 0 0
John C. Pope6............................ 49,707 0 0
W. Robert Reum .......................... 33,420 0 0
Thomas H. Weidemeyer .................... 23,348 0 0
David P. Steiner7.......................... 1,000,323 1,615,551 116,089
James E. Trevathan, Jr. ..................... 297,374 78,270 0
James C. Fish, Jr. ......................... 110,658 48,813 0
Jeff M. Harris8............................ 88,240 89,862 0
John J. Morris, Jr. ......................... 44,483 46,523 2,224
All directors and executive officers as a group
(19 persons)9........................... 1,878,071 2,020,093 125,157
(1) The table reports beneficial ownership in accordance with Rule 13d-3 under the Exchange Act. The amounts
reported above include 12,149 stock equivalents attributed to Mr. Steiner, 3,644 stock equivalents attributed
to Mr. Fish, and 2,049 stock equivalents attributable to Mr. Morris, based on their holdings in the
Company’s 401(k) Retirement Savings Plan stock fund. The amounts reported above also include 506,302
shares of Common Stock deferred by Mr. Steiner, 2,709 shares of Common Stock deferred by
Mr. Trevathan, and 42,992 shares of Common Stock deferred by Mr. Fish. Deferred shares were earned on
account of vested equity awards and pay out in shares of Common Stock after the executive’s departure
from the Company pursuant to the Company’s 409A Deferral Plan.
(2) Includes the number of options currently exercisable and options that will become exercisable within 60
days of our record date.
(3) Executive officers may choose a Waste Management stock fund as an investment option for deferred cash
compensation under the Company’s 409A Deferral Plan. Interests in the fund are considered phantom stock
because they are equal in value to shares of our Common Stock. Phantom stock receives dividend
equivalents, in the form of additional phantom stock, at the same time that holders of shares of Common
Stock receive dividends. The value of the phantom stock is paid out, in cash, after the executive’s departure
from the Company. Phantom stock is not considered as equity ownership for SEC disclosure purposes; we
have provided supplemental disclosure of phantom stock in this table because it represents an investment
risk based on the performance of our Common Stock.
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