Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 21, 2022, Casella Waste Systems, Inc. (the "Company") filed a Current
Report on Form 8-K (the "Form 8-K") to announce the appointment of Edmond R.
Coletta as the Company's President and Chief Financial Officer, effective July
1, 2022. On June 22, 2022, the Company filed an amendment to the Form 8-K (as
amended, the "Amended Form 8-K") to report that in connection with such
promotion, the Company had entered into an amended and restated employment
agreement with Mr. Coletta, effective as of July 1, 2022.
The Company is filing this amendment to the Amended Form 8-K to disclose that in
connection with Mr. Coletta's appointment as President and Chief Financial
Officer, on July 27, 2022, the Company's Board of Directors approved the grant
of a stock option award to Mr. Coletta to purchase 75,000 shares of the
Company's Class A common stock (the "Option"), which grant will be effective on
August 1, 2022 (the "Grant Date"). The exercise price of the Option will be the
closing price of the Company's Class A Common Stock on the Nasdaq Global Select
Market on the Grant Date. The Option will vest in five equal annual installments
on each of the first five anniversaries of the Grant Date.
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