Brian M. DelGhiaccio - 23 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
23 Feb 2022
Net transactions value
-$42,325
Form type
4
Filing time
25 Feb 2022, 16:43:17 UTC
Previous filing
22 Feb 2022
Next filing
18 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +820 +13% $0.000000 6,932 23 Feb 2022 Direct F1
transaction RSG Common Stock Tax liability $42,325 -365 -5.3% $115.96 6,567 23 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 -820 -12% $0.000000 5,742 23 Feb 2022 Common Stock 820 Direct F1, F3
* 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 a portion of the Restricted Stock Units ("RSUs") granted on 02/23/2021 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 02/23/2022, 25% of the grant vested, with 820 RSUs (including accrued dividend equivalents) remaining deferred in the DCP and 820 RSUs (including accrued dividend equivalents) automatically vesting and 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 02/23/2022. The fair market value of the exchanged shares was $115.96 (the closing price of Republic Services, Inc.'s common stock on 02/23/2022).
F3 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.