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REPUBLIC SERVICES, INC. — Director's Dealing 2016
Feb 16, 2016
29934_dirs_2016-02-16_e2c08ab9-ae4f-4fc7-ae22-f23d5f1373cd.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: 2016-02-13
Reporting Person: SLAGER DONALD W (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-13 | Common Stock | M | 16647 | $0.00 | Acquired | 322342 | Direct |
| 2016-02-13 | Common Stock | F | 7833 | $44.20 | Disposed | 314509 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-13 | Restricted Stock Units | $ | M | 16647 | Disposed | Common Stock (16647) | Direct |
Footnotes
F1: The Restricted Stock Units ("RSUs") granted on 02/13/2015 vest 25% on each of the first four anniversaries of the date of grant. 16,647 RSUs, that included accrued dividend equivalents, vested on 02/13/2016 (Saturday) 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 16,647 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $44.20 (the closing price of Republic Services, Inc.'s common stock on 02/12/2016).
F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.