REPUBLIC SERVICES, INC. — Director's Dealing 2020

Feb 21, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
Period of Report: 2020-02-18

Reporting Person: Vander Ark Jon (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-18	Common Stock	M	8045	$0.00	Acquired	17051	Direct
2020-02-18	Common Stock	F	3505	$100.27	Disposed	13546	Direct
2020-02-18	Common Stock	M	2292	$0.00	Acquired	15838	Direct
2020-02-18	Common Stock	F	999	$100.27	Disposed	14839	Direct
2020-02-18	Common Stock	M	2493	$0.00	Acquired	17332	Direct
2020-02-18	Common Stock	F	1086	$100.27	Disposed	16246	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-18	Restricted Stock Units	$	M	8045	Disposed		Common Stock (8045)	Direct
2020-02-18	Restricted Stock Units	$	M	2292	Disposed		Common Stock (2292)	Direct
2020-02-18	Restricted Stock Units	$	M	2493	Disposed		Common Stock (2493)	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 (2,086 RSUs) and four year cliff vesting from the date of grant (5,959 RSUs). A total of 8,045 RSUs, that included accrued dividend equivalents, vested on 02/18/2020 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 02/18/2020. The fair market value of the exchanged shares was $100.27 (the closing price of Republic Services, Inc.'s common stock on 02/18/2020).

F3: The Restricted Stock Units ("RSUs") granted on 02/18/2017 vest 25% on each of the first four anniversaries of the date of grant. 2,292 RSUs, that included accrued dividend equivalents, vested on 02/18/2020 and were paid out in the form of Republic Services, Inc.'s common stock.

F4: The Restricted Stock Units ("RSUs") granted on 02/18/2018 vest 25% on each of the first four anniversaries of the date of grant. 2,493 RSUs, that included accrued dividend equivalents, vested on 02/18/2020 and were paid out in the form of Republic Services, Inc.'s common stock.

F5: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.