REPUBLIC SERVICES, INC. — Director's Dealing 2018

Feb 21, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
Period of Report: 2018-02-18

Reporting Person: Hughes Jeffrey A (EVP Chief Administrative Offic)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-18	Common Stock	M	2865	$0.00	Acquired	6444	Direct
2018-02-18	Common Stock	F	1248	$65.14	Disposed	5196	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-18	Restricted Stock Units	$	M	2865	Disposed		Common Stock (2865)	Direct
2018-02-18	Restricted Stock Units	$	A	7676	Acquired		Common Stock (7676)	Direct

Footnotes

F1: The Restricted Stock Units ("RSUs") granted on 02/18/2016 vest 25% on each of the first four anniversaries of the date of grant. 2,865 RSUs, that included accrued dividend equivalents, vested on 02/18/2018 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 shares under a Restricted Stock Unit award on Sunday, 02/18/2018. The fair market value of the exchanged shares was $65.14 (the closing price of Republic Services, Inc.'s common stock on Friday, 02/16/2018).

F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.

F4: Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 2007 Stock Incentive Plan, as amended. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is Sunday, 02/18/2018) and each RSU ultimately will be paid out in the form of one share of Republic Services, Inc.'s common stock. The number of RSUs was calculated based on the closing stock price of Republic Services, Inc.'s common stock on Friday, 02/16/2018 ($65.14).