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REPUBLIC SERVICES, INC. — Director's Dealing 2012
Jan 6, 2012
29934_dirs_2012-01-06_86a8e5d4-e6d6-43f4-a617-c8229d9aeb81.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: 2012-01-04
Reporting Person: SLAGER DONALD W (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-01-04 | Common Stock | M | 15015 | $0.00 | Acquired | 289914 | Direct |
| 2012-01-04 | Common Stock | F | 4847 | $27.40 | Disposed | 285067 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-01-04 | Restricted Stock Units | $ | M | 15015 | Disposed | Common Stock (15015) | Direct |
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. 15,015 RSUs, that included accrued dividend equivalents, vested on 01/04/2012 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 15,015 shares under the Resticted Stock Unit award. The fair market value of the exchanged shares was $27.40 (the closing price of Republic Services, Inc.'s common stock on 01/04/2012).
F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.