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REPUBLIC SERVICES, INC. — Director's Dealing 2012
Jan 19, 2012
29934_dirs_2012-01-19_fa76f4a7-5a7f-4fb0-bf6c-4d1d96270a41.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: 2012-01-17
Reporting Person: Rissman Michael P (EVP/General Counsel/Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-01-17 | Common Stock | M | 37 | $0.00 | Acquired | 7597 | Direct |
| 2012-01-17 | Common Stock | F | 10 | $27.51 | Disposed | 7587 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-01-17 | Restricted Stock Units | $ | A | 392 | Acquired | Common Stock (392) | Direct | |
| 2012-01-17 | Restricted Stock Units | $ | M | 37 | Disposed | Common Stock (37) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1150 | Indirect |
Footnotes
F1: The Reporting Person previously reported the vesting on 01/04/2012 of 4,597 Restricted Stock Units ("RSUs") that were paid out in the form of Republic Services, Inc.'s Common Stock ("Common Stock"). Due to the Dividend Record date of 01/03/2012, the foregoing RSUs were paid dividend equivalents on the Dividend Payment date of 01/17/2012. Therefore, 37 RSUs were automatically paid out in the form of shares of Common Stock on 01/17/2012.
F2: Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 37 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $27.51 (the closing price of Republic Services, Inc.'s common stock on 01/17/2012).
F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
F4: Dividends paid on the Restricted Stock Units awarded per the Republic Services, Inc. 2007 Stock Incentive Plan, as amended. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
F5: A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.