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REPUBLIC SERVICES, INC. — Director's Dealing 2017
Feb 15, 2017
29934_dirs_2017-02-15_3a5b5a80-62d3-400f-8bfe-dcd968e28de2.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: 2017-02-13
Reporting Person: SLAGER DONALD W (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-13 | Common Stock | M | 17054 | $0.00 | Acquired | 247312 | Direct |
| 2017-02-13 | Common Stock | F | 8024 | $58.49 | Disposed | 239288 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-13 | Restricted Stock Units | $ | M | 17054 | Disposed | Common Stock (17054) | 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. 17,054 RSUs, that included accrued dividend equivalents, vested on 02/13/2017 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 17,054 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $58.49 (the closing price of Republic Services, Inc.'s common stock on 02/13/2017).
F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.