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: Hughes Jeffrey A (EVP Chief Administrative Offic)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-18	Common Stock	M	71	$0.00	Acquired	8943	Direct
2021-02-18	Common Stock	F	71	$91.72	Disposed	8878	Direct
2021-02-18	Common Stock	M	142	$0.00	Acquired	9020	Direct
2021-02-18	Common Stock	F	142	$91.72	Disposed	8878	Direct
2021-02-18	Common Stock	M	2032	$0.00	Acquired	10910	Direct
2021-02-18	Common Stock	F	581	$91.72	Disposed	10329	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-18	Restricted Stock Units	$	M	71	Disposed		Common Stock (71)	Direct
2021-02-18	Restricted Stock Units	$	M	142	Disposed		Common Stock (142)	Direct
2021-02-18	Restricted Stock Units	$	M	2032	Disposed		Common Stock (2032)	Direct

Footnotes

F1: The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 02/18/2017 in accordance with the Company's Deferred Compensation Plan ("Plan"). On 02/18/2021, 25% of the grant vested whereby 2,155 RSUs remain deferred. As permitted under the Plan, the Company withheld 71 shares of Republic Services, Inc.'s common stock to satisfy tax liability of the Reporting Person. 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).

F2: The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 02/18/2017 in accordance with the Company's Deferred Compensation Plan ("Plan"). On 02/18/2021, 100% of the grant cliff vested whereby 4,309 RSUs remain deferred. As permitted under the Plan, the Company withheld 142 shares of Republic Services, Inc.'s common stock to satisfy tax liability of the Reporting Person. 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. 2,032 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: 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).

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