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: Bales Brian A (EVP, Chief Development Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-18	Common Stock	M	50	$0.00	Acquired	14236	Direct
2021-02-18	Common Stock	F	50	$91.72	Disposed	14186	Direct
2021-02-18	Common Stock	M	57	$0.00	Acquired	14243	Direct
2021-02-18	Common Stock	F	57	$91.72	Disposed	14186	Direct
2021-02-18	Common Stock	M	46	$0.00	Acquired	14232	Direct
2021-02-18	Common Stock	F	46	$91.72	Disposed	14186	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-18	Restricted Stock Units	$	M	50	Disposed		Common Stock (50)	Direct
2021-02-18	Restricted Stock Units	$	M	57	Disposed		Commonn Stock (57)	Direct
2021-02-18	Restricted Stock Units	$	M	46	Disposed		Common Stock (46)	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 1,507 RSUs remain deferred. As permitted under the Plan, the Company withheld 50 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 1,722 RSUs remain deferred. As permitted under the Plan, the Company withheld 57 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 Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 02/18/2018 in accordance with the Company's Deferred Compensation Plan ("Plan"). On 02/18/2021, 25% of the grant vested whereby 1,378 RSUs remain deferred. As permitted under the Plan, the Company withheld 46 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).

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