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REPUBLIC SERVICES, INC. — Director's Dealing 2014
Jun 25, 2014
29934_dirs_2014-06-25_2af053f5-08ec-49fe-9c55-489209f09342.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: 2014-06-24
Reporting Person: Kadre Manuel (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-06-24 | Restricted Stock Units | $ | A | 3925 | Acquired | Common Stock (3925) | Direct |
Footnotes
F1: Mr. Kadre was elected to the Company's Board of Directors effective June 24, 2014. The Company annually grants, as of the first business day in January, each non-employee director 7,500 restricted stock units ("RSUs") that are vested upon grant. RSUs are settled (based on 1 on 1 conversion to shares of the Company's common stock) on the last day of the month in which the three year anniverary of the date of the award occurs, unless deferred into the Company's Deferred Compensation Plan. The annual grant of RSUs to a newly appointed, non-employee director is prorated to the number of days remaining in the calendar year. Mr. Kadre was granted 3,925 RSUs effective June 24, 2014 that will convert to shares of common stock as of June 30, 2017 or the date on which the Director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code.