Ark Jon Vander - 14 Apr 2022 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role: CEO and President
Signature: /s/ Eileen B. Schuler Attorney-in-Fact
Issuer symbol: RSG
Transactions as of: 14 Apr 2022
Net transactions value: +$43,662
Form type: 4
Filing time: 18 Apr 2022, 21:11:24 UTC
Previous filing: 11 Apr 2022
Next filing: 27 Jun 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	+301	+0.41%	$0.000000	73,325	14 Apr 2022	Direct	F1
transaction	RSG	Common Stock	Tax liability	$17,518	-132	-0.18%	$132.71	73,193	14 Apr 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	Award	$61,179	+461	+0.99%	$132.71	46,854	14 Apr 2022	Common Stock	461		Direct	F3, F4
transaction	RSG	Restricted Stock Units	Options Exercise	$0	-301	-0.64%	$0.000000	46,553	14 Apr 2022	Common Stock	301		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 earned 301 dividend equivalents in connection with the 04/07/2017 RSU grant that had not vested as of the 04/01/2022 dividend record date. These additional dividend equivalents automatically vested on 04/14/2022 and were paid out in the form of Republic Services, Inc. common stock.
F2	Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of shares in connection with the 301 RSU dividend equivalents earned on 04/14/2022. The fair market value of the exchanged shares was $132.71 (the closing price of Republic Services, Inc.'s common stock on 04/14/2022).
F3	Based on 1 on 1 conversion.
F4	Reflects dividends paid on the Restricted Stock Units awarded per the Republic Services, Inc. 2021 Stock Incentive Plan. This amount includes 301 dividend equivalents that were accrued on the RSUs that cliff vested on 04/07/2022. A portion of Mr. Vander Ark's Restricted Stock Units are held under the Company's Deferred Compensation Plan.