REPUBLIC SERVICES, INC. — Director's Dealing 2022

Apr 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
Period of Report: 2022-04-14

Reporting Person: Vander Ark Jon (CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-14	Common Stock	M	301	$0.00	Acquired	73325	Direct
2022-04-14	Common Stock	F	132	$132.71	Disposed	73193	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-14	Restricted Stock Units	$	A	461	Acquired		Common Stock (461)	Direct
2022-04-14	Restricted Stock Units	$	M	301	Disposed		Common Stock (301)	Direct

Footnotes

F1: The Reporting Person earned 301 dividend equivalents in connection with the 04/07/2017 RSU grant that had not vested as of the 04/01/2022 dividend record date. These additional dividend equivalents automatically vested on 04/14/2022 and were paid out in the form of Republic Services, Inc. common stock.

F2: Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares in connection with the 301 RSU dividend equivalents earned on 04/14/2022. The fair market value of the exchanged shares was $132.71 (the closing price of Republic Services, Inc.'s common stock on 04/14/2022).

F3: Based on 1 on 1 conversion.

F4: Reflects dividends paid on the Restricted Stock Units awarded per the Republic Services, Inc. 2021 Stock Incentive Plan. This amount includes 301 dividend equivalents that were accrued on the RSUs that cliff vested on 04/07/2022. A portion of Mr. Vander Ark's Restricted Stock Units are held under the Company's Deferred Compensation Plan.