Michael Larson - Jan 2, 2024 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role: Director
Signature: /s/ Lauren McKeon, Attorney-in-Fact
Stock symbol: RSG
Transactions as of: Jan 2, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/3/2024, 05:10 PM
Previous filing: Jan 3, 2024
Next filing: Jan 18, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RSG	Restricted Stock Units	Award	$0	+1.4K		$0.00	1.4K	Jan 2, 2024	Common Stock	1.4K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Based on 1 on 1 conversion.
F2	On 01/02/2024 ("Date of Grant"), each non-management Director received an annual award of 1,395 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 ($164.94). The RSUs under this 01/02/2024 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 01/31/2027), unless deferred by the Director, or the date on which the Director leaves the Board.

Content

Based on 1 on 1 conversion.

On 01/02/2024 ("Date of Grant"), each non-management Director received an annual award of 1,395 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 ($164.94). The RSUs under this 01/02/2024 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 01/31/2027), unless deferred by the Director, or the date on which the Director leaves the Board.