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REPUBLIC SERVICES, INC. — Director's Dealing 2022
Jan 4, 2022
29934_dirs_2022-01-04_d21b9038-4f5d-49b5-9321-d1921b53782c.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: 2022-01-03
Reporting Person: Kirk Jennifer M (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-03 | Restricted Stock Units | $ | A | 1699 | Acquired | Common Stock (1699) | Direct |
Footnotes
F1: Based on a 1 on 1 conversion.
F2: On 01/03/2022 ("Date of Grant"), each non-management Director received an annual award of 1,699 Restricted Stock Units ("RSUs") pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan. 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 ($135.41). The RSUs under this 01/03/2022 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 01/31/2025), 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.