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REPUBLIC SERVICES, INC. — Director's Dealing 2018
Feb 9, 2018
29934_dirs_2018-02-09_64d21d65-3679-462c-9b84-44c9ae11fbfa.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: 2018-02-07
Reporting Person: Vander Ark Jon (EVP-Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-07 | Common Stock | M | 1437 | $0.00 | Acquired | 1437 | Direct |
| 2018-02-07 | Common Stock | F | 470 | $64.60 | Disposed | 967 | Direct |
| 2018-02-07 | Common Stock | M | 3313 | $0.00 | Acquired | 4280 | Direct |
| 2018-02-07 | Common Stock | F | 975 | $64.60 | Disposed | 3305 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-07 | Restricted Stock Units | $ | M | 1437 | Disposed | Common Stock (1437) | Direct | |
| 2018-02-07 | Restricted Stock Units | $ | M | 3313 | Disposed | Common Stock (3313) | Direct |
Footnotes
F1: Represents Restricted Stock Units ("RSUs") granted on 02/07/2014 that vest 25% on each of the first four anniversaries of the date of grant and includes accrued dividend equivalents. At the time of vesting (02/07/2018), 50% of the RSUs settle to shares of Republic Services, Inc.'s common stock and 50% remain as RSUs in the Deferred Compensation Plan. On 02/07/2018, 1,437 RSUs were paid out in the form of common stock.
F2: Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $64.60 (the closing price of Republic Services, Inc.'s common stock on 02/07/2018).
F3: Represents Restricted Stock Units ("RSUs") granted on 02/07/2014 with a four year cliff vesting of the date of grant and includes accrued dividend equivalents. At the time of vesting (02/07/2018), 50% of the RSUs settle to shares of Republic Services, Inc.'s common stock and 50% remain RSUs in the Deferred Compensation Plan. On 02/07/2018, 3,313 RSUs were paid out in the form of common stock.
F4: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.