Ark Jon Vander - 17 Feb 2023 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
CEO and President, Director
Signature
/s/ Lauren McKeon Attorney-in-Fact
Issuer symbol
RSG
Transactions as of
17 Feb 2023
Net transactions value
+$3,068,598
Form type
4
Filing time
22 Feb 2023, 16:27:28 UTC
Previous filing
16 Feb 2023
Next filing
27 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Award $1,321,711 +10,016 +17% $131.96 68,137 17 Feb 2023 Direct F1
transaction RSG Common Stock Tax liability $553,176 -4,192 -6.2% $131.96 63,945 17 Feb 2023 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 $2,300,063 +17,430 $131.96 17,430 17 Feb 2023 Common Stock 17,430 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of performance shares granted under the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 02/17/2023 ($131.96).
F2 Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of performance shares on 02/17/2023. The fair market value of the exchanged shares was $131.96 (the closing price of Republic Services, Inc.'s common stock on 02/17/2023).
F3 Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc. 2021 Stock Incentive Plan. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/17/2023) and each RSU ultimately will be paid out in the form of one share of Republic's common stock. The number of RSUs was calculated based on Republic's closing stock price on 02/17/2023 ($131.96).