Timothy E. Stuart - Feb 17, 2023 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role: COO
Signature: /s/ Lauren McKeon Attorney-in-Fact
Stock symbol: RSG
Transactions as of: Feb 17, 2023
Transactions value $: $1,410,784
Form type: 4
Date filed: 2/22/2023, 04:36 PM
Previous filing: Feb 16, 2023
Next filing: Feb 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RSG	Common Stock	Award	$1.09M	+8.25K	+35.32%	$131.96	31.6K	Feb 17, 2023	Direct	F1
transaction	RSG	Common Stock	Tax liability	-$458K	-3.47K	-10.98%	$131.96	28.1K	Feb 17, 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	$780K	+5.91K		$131.96	5.91K	Feb 17, 2023	Common Stock	5.91K		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).