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REPUBLIC SERVICES, INC. — Director's Dealing 2023
Feb 10, 2023
29934_dirs_2023-02-10_41e780b1-0d28-43db-8566-54e9fc4acb6e.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: 2023-02-08
Reporting Person: Vander Ark Jon (Director, CEO and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-08 | Common Stock | M | 2353 | $0.00 | Acquired | 54924 | Direct |
| 2023-02-08 | Common Stock | F | 644 | $124.42 | Disposed | 54280 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-08 | Restricted Stock Units | $ | M | 2353 | Disposed | Common Stock (2353) | Direct |
Footnotes
F1: The Restricted Stock Units ("RSUs") granted on 02/08/2019 vest 25% on each of the first four anniversaries of the date of grant. 2,353 RSUs, that included accrued dividend equivalents, automatically vested on 02/08/2023 and were 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 02/08/2023. The fair market value of the exchanged shares was $124.42 (the closing price of Republic Services, Inc.'s common stock on 02/08/2023).
F3: Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.