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REPUBLIC SERVICES, INC. — Director's Dealing 2011
Jan 6, 2011
29934_dirs_2011-01-06_09d95b63-3996-4b08-8625-32058fcfdc34.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
Period of Report: 2011-01-04
Reporting Person: Rissman Michael P (EVP/General Counsel/Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-01-04 | Common Stock | M | 4471 | $0.00 | Acquired | 5672 | Direct |
| 2011-01-04 | Common Stock | F | 1391 | $29.91 | Disposed | 4281 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-04 | Restricted Stock Units | $ | M | 4471 | Disposed | Common Stock (4471) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1150 | Indirect |
Footnotes
F1: The Restricted Stock Units ("RSUs") granted on 01/04/2010 vest 25% on each of the first four anniversaries of the date of grant. 4,471 RSUs, that included accrued dividend equivalents, vested on 01/04/2011 and were paid out in the form of Republic Services, Inc.'s common stock.
F2: Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 4,471 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $29.91 (the closing price of Republic Services, Inc.'s common stock on 01/04/2011).
F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.