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REPUBLIC SERVICES, INC. — Director's Dealing 2021
Jan 6, 2021
29934_dirs_2021-01-05_ae56edef-014a-4410-b946-e98af99d65cc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
Period of Report: 2021-01-04
Reporting Person: Kirk Jennifer M (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-04 | Restricted Stock Units | $ | A | 2459 | Acquired | Common Stock (2459) | Direct |
Footnotes
F1: Based on a 1 on 1 conversion.
F2: On 01/04/2021 ("Date of Grant"), each non-Management Director received an annual award of 2,459 Restricted Stock Units ("RSUs") pursuant to the Republic Services, Inc.'s ("Company") 2007 Stock Incentive Plan, as amended. The grant was based on a value on the Date of Grant of $230,000, with the number of RSUs calculated based on the closing stock price of the Company's common stock on the Date of Grant ($93.54). The RSUs under this 01/04/2021 grant immediately vest; however, the Director cannot convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs (for this grant being 01/31/2024), unless deferred by the Director or the date on which the Director leaves the Board. The Director elected to defer this grant pursuant to the Company's Deferred Compensation Plan.