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REPUBLIC SERVICES, INC. — Director's Dealing 2024
Mar 6, 2024
29934_dirs_2024-03-05_9dd0ed39-0432-451c-9174-d8189c222a2f.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: 2024-03-01
Reporting Person: Vander Ark Jon (Director, CEO and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | Common Stock | A | 21266 | — | Acquired | 95915 | Direct |
| 2024-03-01 | Common Stock | F | 8900 | $183.64 | Disposed | 87015 | Direct |
| 2024-03-01 | Common Stock | A | 6095 | — | Acquired | 93110 | Direct |
| 2024-03-01 | Common Stock | F | 2551 | $183.64 | Disposed | 90559 | Direct |
| 2024-03-04 | Common Stock | S | 5446 | $184.10 | Disposed | 85113 | Direct |
| 2024-03-04 | Common Stock | G | 5446 | — | Disposed | 79667 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-01 | Restricted Stock Units | $ | A | 13614 | Acquired | Common Stock (13614) | Direct |
Footnotes
F1: Settlement of performance shares granted under the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 03/01/2024 ($183.64).
F2: Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of performance shares on 03/01/2024. The fair market value of the exchanged shares was $183.64 (the closing price of Republic Services, Inc.'s common stock on 03/01/2024).
F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.09 to $184.16, inclusive. The reporting person undertakes to provide to Republic Services, any security holder of Republic Services, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3).
F4: Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 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 03/01/2024) 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 03/01/2024 ($183.64).