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: Serianni Charles F (EVP Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-18	Common Stock	M	3129	$0.00	Acquired	48768	Direct
2020-02-18	Common Stock	F	1363	$100.27	Disposed	47405	Direct
2020-02-18	Common Stock	M	2401	$0.00	Acquired	49806	Direct
2020-02-18	Common Stock	F	1046	$100.27	Disposed	48760	Direct
2020-02-18	Common Stock	M	2473	$0.00	Acquired	51233	Direct
2020-02-18	Common Stock	F	1077	$100.27	Disposed	50156	Direct
2020-02-20	Common Stock	S	1500	$99.55	Disposed	48656	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-18	Restricted Stock Units	$	M	3129	Disposed		Common Stock (3129)	Direct
2020-02-18	Restricted Stock Units	$	M	2401	Disposed		Common Stock (2401)	Direct
2020-02-18	Restricted Stock Units	$	M	2473	Disposed		Common Stock (2473)	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. 3,129 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. 2,401 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. 2,473 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: On 02/20/2020, the Reporting Person sold 1,500 shares of Republic Services, Inc.'s common stock that he beneficially owned in accordance with his established Rule 10b5-1 Sales Plan executed on 02/17/2020, having a Plan start date of 02/20/2020 and Plan end date of 02/22/2021. The shares were sold at $99.55 per share (no range).

F6: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.