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

Role
EVP Chief Administrative Offic
Signature
/s/ Eileen B. Schuler Attorney-in-Fact
Stock symbol
RSG
Transactions as of
Jan 14, 2022
Transactions value $
$43,114
Form type
4
Date filed
1/19/2022, 06:31 PM
Previous filing
Oct 19, 2021
Next filing
Feb 10, 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 $17.4K +134 +0.35% $129.86 38.2K Jan 14, 2022 Common Stock 134 Direct F1, F2
transaction RSG Stock Units Award $18.1K +139 +0.35% $129.86 39.4K Jan 14, 2022 Common Stock 139 Direct F3
transaction RSG Stock Units Award $3.51K +27 +0.36% $129.86 7.6K Jan 14, 2022 Common Stock 27 Direct F4
transaction RSG Performance Shares (PSUs) Award $4.16K +32 +0.35% $129.86 9.08K Jan 14, 2022 Common Stock 32 Direct F1, F5
* 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 awarded per the Republic Services, Inc. 2021 Stock Incentive Plan. A portion of Mr. Hughes' Restricted Stock Units are held under the Company's Deferred Compensation Plan.
F3 Mr. Hughes holds these stock units under the Republic Services Stock Unit Fund pursuant to his election under the Company's Deferred Compenstion Plan. These stock units are settled through the issuance of shares of the Company's common stock (one on one conversion) and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
F4 Mr. Hughes 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.
F5 Reflects dividend equivalents received on the 8,442 Performance Shares ("PSUs") earned as of 02/06/2018 per the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.