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REPUBLIC SERVICES, INC. — Director's Dealing 2019
Feb 15, 2019
29934_dirs_2019-02-15_92cb73bd-2b03-4675-923a-773dc1101677.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: 2019-02-13
Reporting Person: Vander Ark Jon (EVP-Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-13 | Common Stock | M | 1810 | $0.00 | Acquired | 16304 | Direct |
| 2019-02-13 | Common Stock | F | 832 | $77.22 | Disposed | 15472 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-13 | Restricted Stock Units | $ | M | 1810 | Disposed | Common Stock (1810) | Direct |
Footnotes
F1: Represents Restricted Stock Units ("RSUs") granted on 02/13/2015 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 (02/13/2019), 50% of the RSUs (1,810 RSUs) were paid out in the form of Republic Services, Inc.'s common stock and 50% (1,810 RSUs) remain in the Deferred Compensation Plan ("DCP"). A total of 7,234 RSUs from this 2015 grant are held in the DCP and will continue to accrue quarterly dividend equivalents.
F2: Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares under Restricted Stock Unit awards. The fair market value of the exchanged shares was $77.22 (the closing price of Republic Services, Inc.'s common stock on 02/13/2019).
F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.