Katrina Liddell - Jul 30, 2022 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role: EVP, Chief Commercial Officer
Signature: /s/ Lauren McKeon, Attorney-in-Fact
Stock symbol: RSG
Transactions as of: Jul 30, 2022
Transactions value $: -$55,741
Form type: 4
Date filed: 8/1/2022, 05:14 PM
Previous filing: Jul 19, 2022
Next filing: Oct 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RSG	Common Stock	Options Exercise	$0	+1.29K	+202.04%	$0.00	1.92K	Jul 30, 2022	Direct	F1
transaction	RSG	Common Stock	Tax liability	-$55.7K	-402	-20.93%	$138.66	1.52K	Jul 30, 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	-1.29K	-24.99%	$0.00	3.86K	Jul 30, 2022	Common Stock	1.29K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Restricted Stock Units ("RSUs") granted on 07/30/2021 vest 25% on each of the first four anniversaries of the date of grant. 1,285 RSUs, that included accrued dividend equivalents, automatically vested on 07/30/2022 and were 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 07/30/2022. The fair market value of the exchanged shares was $138.66 per share (the closing price of Republic Services, Inc.'s common stock on 07/29/2022).
F3	Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.