Ark Jon Vander - 17 Feb 2024 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
CEO and President, Director
Signature
/s/ Lauren McKeon, Attorney-in-Fact
Issuer symbol
RSG
Transactions as of
17 Feb 2024
Net transactions value
-$333,615
Form type
4
Filing time
21 Feb 2024, 19:58:05 UTC
Previous filing
16 Feb 2024
Next filing
27 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +4,418 +6.3% $0.000000 74,791 17 Feb 2024 Direct F1
transaction RSG Common Stock Tax liability $333,615 -1,849 -2.5% $180.43 72,942 17 Feb 2024 Direct F2

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 Options Exercise $0 -4,418 -25% $0.000000 13,254 17 Feb 2024 Common Stock 4,418 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") granted on 02/17/2023 vest 25% on each of the first four anniversaries of the date of grant. 4,418 RSUs, that included accrued dividend equivalents, automatically vested on 02/17/2024 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 02/17/2024. The fair market value of the exchanged shares was $180.43 (the closing price of Republic Services, Inc.'s common stock on 02/16/2024).
F3 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.