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REPUBLIC SERVICES, INC. — Director's Dealing 2016
Feb 9, 2016
29934_dirs_2016-02-09_060f2c92-6287-4ae7-95e8-13889bc1be88.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: 2016-02-07
Reporting Person: Hughes Jeffrey A (EVP Chief Administrative Offic)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-07 | Common Stock | M | 2328 | $0.00 | Acquired | 6475 | Direct |
| 2016-02-07 | Common Stock | F | 720 | $43.58 | Disposed | 5755 | Direct |
| 2016-02-08 | Common Stock | M | 2102 | $0.00 | Acquired | 7857 | Direct |
| 2016-02-08 | Common Stock | F | 664 | $43.42 | Disposed | 7193 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-07 | Restricted Stock Units | $ | M | 2328 | Disposed | Common Stock (2328) | Direct | |
| 2016-02-08 | Restricted Stock Units | $ | M | 2102 | Disposed | Common Stock (2102) | Direct |
Footnotes
F1: The Restricted Stock Units ("RSUs") granted on 02/07/2014 vest 25% on each of the first four anniversaries of the date of grant. 2,328 RSUs, that included accrued dividend equivalents, vested on 02/07/2016 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 2,328 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $43.58 (the closing price of Republic Services, Inc.'s common stock on 02/05/2016).
F3: The Restricted Stock Units ("RSUs") granted on 02/08/2013 vest 25% on each of the first four anniversaries of the date of grant. 2,102 RSUs, that included accrued dividend equivalents, vested on 02/08/2016 and were paid out in the form of Republic Services, Inc.'s common stock.
F4: Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 2,102 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $43.42 (the closing price of Republic Services, Inc.'s common stock on 02/08/2016).
F5: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.