Ark Jon Vander - Mar 1, 2024 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
CEO and President, Director
Signature
/s/ Lauren McKeon, Attorney-in-Fact
Stock symbol
RSG
Transactions as of
Mar 1, 2024
Transactions value $
-$3,105,470
Form type
4
Date filed
3/5/2024, 06:49 PM
Previous filing
Feb 27, 2024
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Award $0 +21.3K +28.49% $0.00 95.9K Mar 1, 2024 Direct F1
transaction RSG Common Stock Tax liability -$1.63M -8.9K -9.28% $183.64 87K Mar 1, 2024 Direct F2
transaction RSG Common Stock Award $0 +6.1K +7% $0.00 93.1K Mar 1, 2024 Direct F1
transaction RSG Common Stock Tax liability -$468K -2.55K -2.74% $183.64 90.6K Mar 1, 2024 Direct F2
transaction RSG Common Stock Sale -$1M -5.45K -6.01% $184.10 85.1K Mar 4, 2024 Direct F3
transaction RSG Common Stock Gift $0 -5.45K -6.4% $0.00 79.7K Mar 4, 2024 Direct

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 +13.6K $0.00 13.6K Mar 1, 2024 Common Stock 13.6K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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).