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REPUBLIC SERVICES, INC. — Director's Dealing 2016
Jan 4, 2016
29934_dirs_2016-01-04_421d5849-a055-4955-b90e-1cc20db2798f.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: 2016-01-03
Reporting Person: Rissman Michael P (EVP/Chief Legal Officer/Secret)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-01-03 | Common Stock | M | 5110 | $0.00 | Acquired | 33662 | Direct |
| 2016-01-03 | Common Stock | F | 1739 | $43.99 | Disposed | 31923 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-01-03 | Restricted Stock Units | $ | M | 5110 | Disposed | Common Stock (5110) | Direct |
Footnotes
F1: The Restricted Stock Units ("RSUs") granted on 01/03/2012 vest 25% on each of the first four anniversaries of the date of grant. 5,110 RSUs, that included accrued dividend equivalents, vested on 01/03/2016 and were paid out in the form of Republic Services, Inc.'s common stock.
F2: Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 5,110 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $43.99 (the closing price of Republic Services, Inc.'s common stock on 12/31/2015).
F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.