Timothy E. Stuart - Apr 7, 2022 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
COO
Signature
/s/ Eileen B. Schuler Attorney-in-Fact
Stock symbol
RSG
Transactions as of
Apr 7, 2022
Transactions value $
-$2,266,616
Form type
4
Date filed
4/11/2022, 06:10 PM
Previous filing
Feb 25, 2022
Next filing
Apr 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +39.1K +319.59% $0.00 51.4K Apr 7, 2022 Direct F1
transaction RSG Common Stock Tax liability -$2.27M -16.8K -32.63% $135.28 34.6K Apr 7, 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 -39.1K -75% $0.00 13K Apr 7, 2022 Common Stock 39.1K 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 04/07/2017 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 04/07/2022, 100% of the grant cliff vested, with 13,039 (including accrued dividend equivalents) remaining deferred in the Plan and 39,115 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 04/07/2022. The fair market value of the exchanged shares was $135.28 (the closing price of Republic Services, Inc.'s common stock on 04/07/2022).
F3 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.