REPUBLIC SERVICES, INC. — Director's Dealing 2014

Feb 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
Period of Report: 2014-02-07

Reporting Person: Culpepper Glenn (EVP-CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-08	Common Stock	M	6620	$0.00	Acquired	6620	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-07	Restricted Stock Units	$	A	14671	Acquired		Common Stock (14671)	Direct
2014-02-07	Non-Qualified Stock Option	$	A	44015	Acquired		Common Stock (44015)	Direct
2014-02-08	Restricted Stock Units	$	M	6620	Disposed		Common Stock (6620)	Direct

Footnotes

F1: The Restricted Stock Units ("RSUs") granted on 02/08/2013 vest 25% on each of the first four anniversaries of the date of grant. 6,620 RSUs, that included accrued dividend equivalents, vested on 02/08/2014 and were paid out in the form of Republic Services, Inc.'s common stock.

F2: Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 2007 Stock Incentive Plan, as amended. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/07/2014) and each RSU ultimately will be paid out in the form of one share of Republic Services, Inc.'s common stock. The number of RSUs was calculated based on the closing stock price of Republic Services, Inc.'s common stock on 02/07/2014 ($33.40). Mr. Culpepper elected to defer the vesting of this grant under the Republic Services, Inc.'s Deferred Compensation Plan, as amended.

F3: Non-Qualified Stock Options awarded pursuant to Republic Services, Inc.'s 2007 Stock Incentive Plan, as amended. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/07/2014).

F4: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.