Brian M. DelGhiaccio - Feb 23, 2023 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Signature
/s/ Lauren McKeon Attorney-in-Fact
Stock symbol
RSG
Transactions as of
Feb 23, 2023
Transactions value $
-$47,498
Form type
4
Date filed
2/27/2023, 04:40 PM
Previous filing
Apr 10, 2023
Next filing
Apr 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +833 +8.68% $0.00 10.4K Feb 23, 2023 Direct F1
transaction RSG Common Stock Tax liability -$47.5K -369 -3.54% $128.72 10.1K Feb 23, 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 Options Exercise $0 -833 -14.29% $0.00 5K Feb 23, 2023 Common Stock 833 Direct F1, F3
* 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 a portion of the Restricted Stock Units ("RSUs") granted on 02/23/2021 in accordance with the Company's Deferred Compensation Plan (the "Plan"). On 02/23/2023, 25% of the grant vested, with 833 RSUs (including accrued dividend equivalents) remaining deferred in the DCP and 833 RSUs (including accrued dividend equivalents) automatically vesting and 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 02/23/2023. The fair market value of the exchanged shares was $128.72 (the closing price of Republic Services, Inc.'s common stock on 02/23/2023).
F3 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.