REPUBLIC SERVICES, INC. — Director's Dealing 2014

Jan 17, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
Period of Report: 2014-01-15

Reporting Person: SLAGER DONALD W (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-15	Common Stock	M	284	$0.00	Acquired	267335	Direct
2014-01-15	Common Stock	F	132	$32.23	Disposed	267203	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-15	Restricted Stock Units	$	A	1257	Acquired		Common Stock (1257)	Direct
2014-01-15	Restricted Stock Units	$	M	284	Disposed		Common Stock (284)	Direct

Footnotes

F1: The Reporting Person previously reported on a Form 4 filed on 01/07/2014 the vesting on 01/03/2014 of 19,291 RSUs and on 01/04/2014 the vesting of 15,961 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 284 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 284 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.

F5: Reflects the total number of outstanding Restricted Stock Units as of 01/15/2014.