Brian A. Bales - 18 Feb 2022 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Signature
/s/ Eileen B. Schuler Attorney-in-Fact
Issuer symbol
RSG
Transactions as of
18 Feb 2022
Net transactions value
-$5,524
Form type
4
Filing time
22 Feb 2022, 16:06:20 UTC
Previous filing
16 Feb 2022
Next filing
25 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +47 +0.24% $0.000000 19,778 18 Feb 2022 Direct F1
transaction RSG Common Stock Tax liability $5,524 -47 -0.24% $117.54 19,731 18 Feb 2022 Direct F1

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 -47 -0.82% $0.000000 5,684 18 Feb 2022 Common Stock 47 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person previously elected to defer the Restricted Stock Units ("RSUs") granted on 02/18/2018 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 02/18/2022, 25% of the grant vested and 1,445 RSUs remained deferred. As permitted under the Plan, the Company withheld 47 shares of Republic Services, Inc.'s common stock to satisfy tax liability of the Reporting Person. The fair market values of the exchanged shares was $117.54 (the closing price of Republic Services, Inc.'s common stock on 02/18/2022).
F2 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.