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REPUBLIC SERVICES, INC. — Director's Dealing 2014
Jan 17, 2014
29934_dirs_2014-01-17_bd303044-b127-4499-80e7-66cafb478c72.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: 2014-01-15
Reporting Person: Rissman Michael P (EVP/General Counsel/Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-15 | Common Stock | M | 79 | $0.00 | Acquired | 20743 | Direct |
| 2014-01-15 | Common Stock | F | 24 | $32.23 | Disposed | 20719 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-15 | Restricted Stock Units | $ | A | 430 | Acquired | Common Stock (430) | Direct | |
| 2014-01-15 | Restricted Stock Units | $ | M | 79 | Disposed | Common Stock (79) | Direct |
Footnotes
F1: The Reporting Person previously reported on a Form 4 filed on 01/07/2014 the vesting on 01/03/2014 of 4,822 RSUs and on 01/04/2014 the vesting of 4,886 RSUs that were paid in the form of Republic Services, Inc.'s common stock ("Common Stock"). Due to the Dividend Record date of 01/02/2014, the foregoing RSUs received dividend equivalents on the Dividend Payment Date of 01/15/2014. Therefore, a total of 79 RSUs were automatically paid out in the form of shares of Common Stock on 01/15/2014.
F2: Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 79 shares under Restricted Stock Unit awards. The fair market value of the exchanged shares was $32.23 (the closing price of Republic Services, Inc.'s common stock on 01/15/2014).
F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
F4: Reflects dividend equivalents received on the Restricted Stock Units ("RSUs") as awarded per the Republic Services, Inc. Amended and Restated 2007 Stock Incentive Plan. A portion of the outstanding RSUs are held under the Company's Deferred Compensation Plan.
F5: Reflects the total number of outstanding Restricted Stock Units as of 01/15/2014. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.