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REPUBLIC SERVICES, INC. — Director's Dealing 2012
Jan 3, 2012
29934_dirs_2012-01-03_1b1dc47d-cb5e-44bf-a3e9-8539eb152071.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: 2012-01-03
Reporting Person: WICKHAM MICHAEL W (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-01-03 | Restricted Stock Units | $ | A | 7500 | Acquired | Common Stock (7500) | Direct |
Footnotes
F1: Annual award of 7,500 Restricted Stock Units ("RSUs") granted to non-management directors pursuant to the Republic Services, Inc.'s ("Company") 2007 Stock Incentive Plan, as amended. The RSUs under this 01/03/2012 grant are immediately vested; however, the Director cannot convert any of the RSUs to Company common stock (based on 1 on 1 conversion) until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs (for this grant being 01/31/2015) or the date on which the Director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code. This RSU award is directly held by the Director.
The Director further holds an additional 48,262 RSUs, that include dividend equivalents, as reported in previous Form 4 filings and such RSUs cannot be converted to Company common stock until his service as a member of the Board of Directors is terminated.