Michael Larson - 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, 05:00 PM
Previous filing: Jan 4, 2022
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.

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.