Ark Jon Vander - 25 Jun 2021 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Signature
/s/ Eileen B. Schuler, Attorney-In-Fact
Issuer symbol
RSG
Transactions as of
25 Jun 2021
Net transactions value
+$400,058
Form type
4
Filing time
28 Jun 2021, 19:12:49 UTC
Next filing
19 Jul 2021

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 Unit Award $400,058 +3,677 $108.80 3,677 25 Jun 2021 Common Stock 3,677 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") awarded pursuant to the Company'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 6/25/2021). Each RSU will receive quarterly dividend equivalents each time a dividend is paid on the Company's common stock. Each RSU will be paid out in the form of one share of common stock. The number of RSUs calculated for this grant was based on the Company's closing stock price on 6/25/2021 ($108.80). This grant was awarded in connection with the Reporting Person's appointment as the Company's Chief Executive Officer effective 6/25/2021.