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REPUBLIC SERVICES, INC. — Director's Dealing 2022
Apr 12, 2022
29934_dirs_2022-04-11_6d77a68a-3a8d-4bb1-867a-d99b4fd8f102.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: 2022-04-07
Reporting Person: Stuart Timothy E (COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-04-07 | Common Stock | M | 39115 | $0.00 | Acquired | 51354 | Direct |
| 2022-04-07 | Common Stock | F | 16755 | $135.28 | Disposed | 34599 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-04-07 | Restricted Stock Units | $ | M | 39115 | Disposed | Common Stock (39115) | Direct |
Footnotes
F1: The Reporting Person previously elected to defer a portion of the Restricted Stock Units ("RSUs") granted on 04/07/2017 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 04/07/2022, 100% of the grant cliff vested, with 13,039 (including accrued dividend equivalents) remaining deferred in the Plan and 39,115 RSUs (including accrued dividend equivalents) automatically vesting and paid out in the form of Republic Services, Inc.'s common stock.
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 04/07/2022. The fair market value of the exchanged shares was $135.28 (the closing price of Republic Services, Inc.'s common stock on 04/07/2022).
F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.