Michael A. Duffy - Jan 3, 2022 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role: Director
Signature: /s/ Eileen B. Schuler Attorney-in-Fact
Stock symbol: RSG
Transactions as of: Jan 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/4/2022, 04:51 PM
Previous filing: Oct 19, 2021
Next filing: Jan 19, 2022

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	+1.7K		$0.00	1.7K	Jan 3, 2022	Common Stock	1.7K		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 01/03/2022 ("Date of Grant"), each non-management Director received an annual award of 1,699 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 ($135.41). The RSUs under this 01/03/2022 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 01/31/2025), unless deferred by the Director, or the date on which the Director leaves the Board. The Director elected to defer this grant pursuant to the Company's Deferred Compensation Plan.

Content

Based on 1 on 1 conversion.

On 01/03/2022 ("Date of Grant"), each non-management Director received an annual award of 1,699 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 ($135.41). The RSUs under this 01/03/2022 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 01/31/2025), unless deferred by the Director, or the date on which the Director leaves the Board. The Director elected to defer this grant pursuant to the Company's Deferred Compensation Plan.