AI assistant
REPUBLIC SERVICES, INC. — Director's Dealing 2014
Aug 25, 2014
29934_dirs_2014-08-25_24c7f207-0fa6-421b-b786-211dfbe67726.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
Period of Report: 2014-08-22
Reporting Person: Serianni Charles F (EVP Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-08-22 | Non-Qualified Stock Options | $ | A | 18685 | Acquired | 2021-08-22 | Common Stock (18685) | Direct |
| 2014-08-22 | Restricted Stock Units | $ | A | 5084 | Acquired | Common Stock (5084) | Direct |
Footnotes
F1: Mr. Serianni was elected as the Company's Executive Vice President and Chief Financial Officer effective 08/22/2014. As part of the one time equity grants components of his compensation, he received effective 08/22/2014 ("Date of Grant") a stock option grant having a grant-date value of $125,000 at an exercise price equal to the closing price per share as of the Date of Grant, with the grant vesting 25% on each of the first four anniversaries of the Date of Grant, in accordance with the Company's 2007 Stock Incentive Plan, as amended (the "Plan"). The closing stock price of the Company's common stock on 08/22/2014 was $39.34.
F2: In addition, as part of the one time equity grants components of Mr. Serianni's compensation upon his election as the Company's Executive Vice President and Chief Financial Officer on 08/22/2014 ("Date of Grant"), he received a restricted stock unit ("RSUs") grant having a grant-date value of $200,000, the number of RSUs calculated based on the closing price per share as of the Date of Grant, with the grant vesting 25% on each of the first four anniversaries of the Date of Grant. Each RSU receives quarterly dividend equivalents each time a dividend is paid on the Company's common stock and ultimately will be paid out in the form of one share of the Company's common stock. The closing stock price of the Company's common stock on 08/22/2014 was $39.34.