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REPUBLIC SERVICES, INC. — Director's Dealing 2016
Aug 1, 2016
29934_dirs_2016-08-01_af60dcbe-406b-4fa5-833c-143064dd7365.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: 2016-07-29
Reporting Person: Ellingsen Catharine D (EVP/Chief Legal Officer/Sec)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-29 | Restricted Stock Units | $ | A | 1951 | Acquired | Common Stock (1951) | Direct |
Footnotes
F1: On 07.29.2016 ("Date of Grant"), Ms. Ellingsen was awarded a prorated grant of 1,951 Restricted Stock Units ("RSUs") in connection with her promotion to Executive Vice President, Chief Legal Officer and Corporate Secretary of Republic Services, Inc. (the "Company"). The RSUs were granted pursuant to the Company's 2007 Stock Incentive Plan, as amended, and will vest 25% on each of the first four anniversaries of the Date of Grant and each RSU ultimately will be paid out in the form of one share of the Company's common stock. The number of RSUs was calculated based on a valuation of $100,000 divided by the closing stock price of the Company's common stock on the Date of Grant ($51.26). After any quarter in which dividends are distributed to shareholders, additional RSU equivalents will be received.