Company: WCN
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001104659-25-032201
Chunk: 23

Company: Waste Connections, Inc.
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 23
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 2019 | ​ |
| ​ | Cherylyn Harley LeBon   | ​ | ​ |          270 | ​ | ​ |   738 | ​ | ​ |          581 | ​ | ​ |  1,589 | ​ | ​ | ​                             | ​ | ​ |          2024 | ​ |
| ​ | Susan “Sue” Lee         | ​ | ​ |       11,916 | ​ | ​ | 7,589 | ​ | ​ |          279 | ​ | ​ | 19,784 | ​ | ​ |                               | ​ | ​ |          2014 | ​ |
| ​ | Carl D. Sparks          | ​ | ​ |          440 | ​ | ​ |   778 | ​ | ​ |          279 | ​ | ​ |  1,497 | ​ | ​ | ​                             | ​ | ​ |          2024 | ​ |

Directors’ Deferred Share Unit Plan DSUs are notional units that have the same value as Common Shares, and therefore have the same upside and downside risk as to value, but do not give the holder voting or other shareholder rights. Awarding DSUs to non-employee directors serves to align the interests of non-employee directors with those of shareholders. DSUs are redeemed and settled for cash or shares, at the discretion of the Company, only when the non-employee director leaves the Board of Directors, and the redemption value of a DSU is equal to the market value of a Common Share at the date of redemption, less applicable withholdings. Non-employee directors may elect, irrevocably and in advance, to receive all or part of their director and committee chair cash retainers either in cash or DSUs. They may also elect, irrevocably and in advance, to receive up to CAD$150,000 of their upcoming equity grants in RSUs that are settled in Common Shares, with the remainder of such compensation to be received in the form of DSUs. Notional DSUs are credited to an account for each non-employee director and held until the non-employee director leaves the Board of Directors. DSUs earn dividend equivalents at the same rate as dividends paid on Common Shares. Upon redemption and settlement, DSU holders are credited with additional DSUs that are equivalent in value to the dividends declared on the Common Shares. Public Company Board Memberships Under the terms of our Corporate Governance Guidelines and Board Charter, directors who also serve as chief executive officers