Filing Details

Accession Number:
0001209191-12-009924
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-14 12:00:00
Reporting Period:
2012-02-13
Filing Date:
2012-02-14
Accepted Time:
2012-02-14 16:14:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1282398 Wca Waste Corp WCAA Refuse Systems (4953) 200829917
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1475649 J Gregory Skoda 6685 Beta Drive
Mayfield Village OH 44143
No No Yes No
1476263 A Patricia Skoda 6685 Beta Drive
Mayfield Village OH 44143
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-02-13 194,000 $6.45 257,813 No 4 S Indirect By Patricia A Skoda Revocable Trust dated June 5, 2005
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Patricia A Skoda Revocable Trust dated June 5, 2005
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 18,889 Indirect By Gregory J. Skoda Revocable Trust dated June 5, 2005
Common 777,778 Indirect By Live Earth Funding, LLC
Footnotes
  1. Shares held by the Patricia A. Skoda Revocable Trust dated June 5, 2005, of which Patricia A. Skoda, Gregory J. Skoda's wife, is the trustee.
  2. Shares held by the Gregory J. Skoda Revocable Trust dated June 5, 2005, of which Gregory J. Skoda is the trustee.
  3. These shares represent earn-out rights delivered to Live Earth Funding, LLC pursuant to the Equity Interest and Asset Purchase Agreement, dated December 9, 2009, among WCA Waste Corporation, WCA of Massachusetts, LLC, WCA of Ohio, LLC, Live Earth LLC, Champion City Recovery, LLC, Boxer Realty Redevelopment, LLC, Sunny Farms Landfill, LLC and New Amsterdam & Seneca Railroad Company, LLC in satisfaction of outstanding indebtedness of $6.8 million owed to Live Earth Funding, LLC by Live Earth LLC as of September 30, 2009. The earn-out shares will be distributed by WCA Waste Corporation if, on or before December 31, 2012, the business operated using the acquired subsidiaries of Live Earth LLC and certain transferred assets achieves $6.25 million EBITDA for any four consecutive fiscal quarters. The reporting person's indirect right to receive additional shares pursuant to this earn-out right became fixed and irrevocable on December 31, 2009.
  4. The reporting person is the trustee of the Gregory J. Skoda Trust dated June 5, 2005, which holds a 50% membership interest in Live Earth Funding, LLC.