Brian A. Bales - 14 Feb 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 Feb 2022
Net transactions value
-$32,725
Form type
4
Filing time
16 Feb 2022, 18:55:16 UTC
Previous filing
15 Feb 2022
Next filing
22 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +966 +5.1% $0.000000 20,007 14 Feb 2022 Direct F1
transaction RSG Common Stock Tax liability $32,725 -276 -1.4% $118.57 19,731 14 Feb 2022 Direct F2

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 Options Exercise $0 -966 -33% $0.000000 1,932 14 Feb 2022 Common Stock 966 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") granted on 02/14/2020 vest 25% on each of the first four anniversaries of the date of grant. 966 RSUs, that included accrued dividend equivalents, automatically vested on 02/14/2022 and were paid out in the form of Republic Services, Inc.'s common stock.
F2 Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares under a Restricted Stock Unit award on 02/14/2022. The fair market value of the exchanged shares was $118.57 (the closing price of Republic Services, Inc.'s common stock on 02/14/2022).
F3 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.