Timothy E. Stuart - 14 Apr 2022 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Reporting relationship: COO
Issuer ticker: RSG
Reported as of: 14 Apr 2022
Net transaction value: +$31,983
SEC form: 4
Accepted by SEC: 18 Apr 2022, 21:49:58 UTC
Prior SEC filing: 11 Apr 2022
Next SEC filing: 09 Jun 2022
Source filing: View source filing
Reporting owner signature: /s/ Eileen B. Schuler Attorney-in-Fact

Key filing fact

Timothy E. Stuart filed Form 4 for REPUBLIC SERVICES, INC. (RSG) on 18 Apr 2022.

Key facts

This page summarizes Timothy E. Stuart's Form 4 filing for REPUBLIC SERVICES, INC. (RSG).
5 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 18 Apr 2022, 21:49.

Change

Previous filing in this sequence was filed on 11 Apr 2022.
Current net transaction value: +$31,983.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RSG transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +136
Change %: +0.39%
Price: $0.000000
Shares after: 34,735
Date: 14 Apr 2022
Ownership: Direct
Footnotes: F1

RSG transaction

Common Stock

Tax liability

Transaction value: $7,963
Shares: -60
Change %: -0.17%
Price: $132.71
Shares after: 34,675
Date: 14 Apr 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RSG transaction Derivative

Restricted Stock Units

Award

Transaction value: $33,576
Shares: +253
Change %: +0.75%
Price: $132.71
Shares after: 33,974
Date: 14 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 253
Exercise price
Footnotes: F2, F3, F4

RSG transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -136
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 14 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 136
Exercise price
Footnotes: F1, F2, F4

RSG transaction Derivative

Stock Units

Award

Transaction value: $6,370
Shares: +48
Change %: +0.35%
Price: $132.71
Shares after: 13,924
Date: 14 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 48
Exercise price
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The Reporting Person earned 181 dividend equivalents in connection with the 04/07/2017 RSU grant that had not vested as of the 04/01/2022 dividend record date. The 04/07/2017 RSU grant cliff vested on 04/07/2022. Of these 181 dividend equivalents, 45 were deferred into the Company's Deferred Compensation Plan (with 2 shares being withheld to satisfy the tax liability of the deferred shares). The remaining 136 dividend equivalents automatically vested on 04/14/2022 and were paid out in the form of Republic Services, Inc. (with 58 shares being withheld to satisfy the tax liability).

Footnote F2

Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.

Footnote F3

Reflects dividend equivalents received on the Restricted Stock Units ("RSUs") as awarded per the Republic Services, Inc. 2021 Stock Incentive Plan. This amount includes 181 dividend equivalents that were accrued on the RSUs that cliff vested on 04/07/2022. A portion of Mr. Stuart's Restricted Stock Units are held under the Company's Deferred Compensation Plan.

Footnote F4

A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.

Footnote F5

Stock Units held under the Republic Services Stock Incentive Fund ("Investment Fund") pursuant to Mr. Stuart's election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.