REPUBLIC SERVICES, INC. — Director's Dealing 2023

Feb 23, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REPUBLIC SERVICES, INC. (RSG)
CIK: 0001060391
Period of Report: 2023-02-17

Reporting Person: GOEBEL BRIAN A (CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-17	Common Stock	A	504	$131.96	Acquired	6690	Direct
2023-02-17	Common Stock	F	153	$131.96	Disposed	6537	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-17	Restricted Stock Units	$	A	379	Acquired		Common Stock (379)	Direct
2023-02-17	PSU Shares Deferred to DCP	$	A	168	Acquired		Common Stock (168)	Direct

Footnotes

F1: 672 performance shares ("PSUs") were earned as of 02/17/2023 pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 02/17/2023 ($131.96). The Reporting Person elected to defer 25% of the grant (168 PSUs) pursuant to the Republic Services, Inc. Deferred Compensation Plan ("DCP").

F2: Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of performance shares on 02/17/2023. The fair market value of the exchanged shares was $131.96 (the closing price of Republic Services, Inc.'s common stock on 02/17/2023).

F3: Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc. 2021 Stock Incentive Plan. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/17/2023) and each RSU ultimately will be paid out in the form of one share of Republic's common stock. The number of RSUs was calculated based on Republic's closing stock price on 02/17/2023 ($131.96). This grant is subject to the Republic Services, Inc.'s Deferred Compensation Plan as elected by the Reporting Person.

F4: Based on 1 on 1 conversion.