Brian A. Bales - Feb 8, 2023 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
EVP, Chief Development Officer
Signature
/s/ Lauren McKeon Attorney-in-Fact
Stock symbol
RSG
Transactions as of
Feb 8, 2023
Transactions value $
-$11,944
Form type
4
Date filed
2/10/2023, 03:23 PM
Previous filing
Jan 17, 2023
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +96 +0.49% $0.00 19.8K Feb 8, 2023 Direct F1
transaction RSG Common Stock Tax liability -$11.9K -96 -0.48% $124.42 19.7K Feb 8, 2023 Direct F1

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 -96 -1.87% $0.00 5.04K Feb 8, 2023 Common Stock 96 Direct F1, F2
* 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 the Restricted Stock Units ("RSUs") granted on 02/08/2019 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 02/08/2023, 25% of the grant vested and 1,307 RSUs remain deferred. As permitted under the plan, the Company withheld 96 shares of Republic Services, Inc. common stock to satisfy tax liability of the Reporting Person. The fair market value of the exchanged shares was $124.42 (the closing price of Republic Services, Inc.'s common stock on 02/08/2023).
F2 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.