Brian A. Bales - 14 Jan 2022 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
EVP, Chief Development Officer
Signature
/s/ Eileen B. Schuler Attorney-in-Fact
Issuer symbol
RSG
Transactions as of
14 Jan 2022
Net transactions value
+$46,750
Form type
4
Filing time
19 Jan 2022, 18:22:07 UTC
Previous filing
19 Oct 2021
Next filing
10 Feb 2022
SEC
View on sec.gov

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 $25,582 +197 +0.35% $129.86 56,189 14 Jan 2022 Common Stock 197 Direct F1, F2
transaction RSG Stock Units Award $12,337 +95 +0.35% $129.86 27,058 14 Jan 2022 Common Stock 95 Direct F3
transaction RSG Performance Shares (PSUs) Award $8,830 +68 +0.35% $129.86 19,295 14 Jan 2022 Common Stock 68 Direct F1, F4
* 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 Reflects dividends paid on the Restricted Stock Units ("RSUs") awarded per the Republic Services, Inc. 2021 Stock Incentive Plan. RSUs are held under the Company's Deferred Compensation Plan.
F3 Mr. Bales holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
F4 Reflects dividend equivalents received on the 11,186 Performance Shares ("PSUs") earned as of 02/08/2019 and 7,261 PSUs earned as of 02/14/2020 per the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.