REPUBLIC SERVICES, INC. — Director's Dealing 2021

Feb 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
Period of Report: 2021-02-18

Reporting Person: Stuart Timothy E (COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-18	Common Stock	M	1753	$0.00	Acquired	4488	Direct
2021-02-18	Common Stock	F	488	$91.72	Disposed	4000	Direct
2021-02-18	Common Stock	M	2134	$0.00	Acquired	6134	Direct
2021-02-18	Common Stock	F	578	$91.72	Disposed	5556	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-18	Restricted Stock Units	$	M	1753	Disposed		Common Stock (1753)	Direct
2021-02-18	Restricted Stock Units	$	M	2134	Disposed		Common Stock (2134)	Direct

Footnotes

F1: The Restricted Stock Units ("RSUs") granted on 02/18/2017 vest 25% on each of the first four anniversaries of the date of grant. 1,753 RSUs, that included accrued dividend equivalents, vested on 02/18/2021 and were paid out in the form of Republic Services, Inc.'s common stock. Does not include deferred RSUs that do not settle to common stock at this time (25% of initial grant was deferred under Republic's Deferred Compensation Plan).

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 02/18/2021. The fair market value of the exchanged shares was $91.72 (the closing price of Republic Services, Inc.'s common stock on 02/18/2021).

F3: The Restricted Stock Units ("RSUs") granted on 02/18/2018 vest 25% on each of the first four anniversaries of the date of grant. 2,134 RSUs, that included accrued dividend equivalents, vested on 02/18/2021 and were paid out in the form of Republic Services, Inc.'s common stock.

F4: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.