Kim S. Pegula - May 12, 2023 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
Director
Signature
/s/ Lauren McKeon Attorney-in-Fact
Stock symbol
RSG
Transactions as of
May 12, 2023
Transactions value $
$0
Form type
4
Date filed
5/16/2023, 06:47 PM
Previous 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 +2.55K +22.48% $0.00 13.9K May 12, 2023 Direct F1
transaction RSG Common Stock Options Exercise $0 +1.74K +12.48% $0.00 15.7K May 12, 2023 Direct F2
transaction RSG Common Stock Options Exercise $0 +1.8K +11.51% $0.00 17.5K May 12, 2023 Direct F3

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 -2.55K -100% $0.00* 0 May 12, 2023 Common Stock 2.55K Direct F1, F4
transaction RSG Restricted Stock Units Options Exercise $0 -1.74K -100% $0.00* 0 May 12, 2023 Common Stock 1.74K Direct F2, F4
transaction RSG Restricted Stock Units Options Exercise $0 -1.8K -100% $0.00* 0 May 12, 2023 Common Stock 1.8K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kim S. Pegula is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On 01/04/2021 the non-management Director was granted an award of 2,459 Restricted Stock Units ("RSUs") in accordance with the Company's 2021 Stock Incentive Plan. The RSUs were immediately vested on the date of grant; however, the Director could not convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs or the date on which the Director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code. The Reporting Person retired from the Board effective 05/12/2023 and the settlement of 2,554 RSUs, that included dividend equivalents, to Company common stock was effective on 05/12/2023.
F2 On 01/03/2022 the non-management Director was granted an award of 1,699 Restricted Stock Units ("RSUs") in accordance with the Company's 2021 Stock Incentive Plan. The RSUs were immediately vested on the date of grant; however, the Director could not convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs or the date on which the Director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code. The Reporting Person retired from the Board effective 05/12/2023 and the settlement of 1,737 RSUs, that included dividend equivalents, to Company common stock was effective on 05/12/2023.
F3 On 01/03/2023 the non-management Director was granted an award of 1,788 Restricted Stock Units ("RSUs") in accordance with the Company's 2021 Stock Incentive Plan. The RSUs were immediately vested on the date of grant; however, the Director could not convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs or the date on which the Director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code. The Reporting Person retired from the Board effective 05/12/2023 and the settlement of 1,801 RSUs, that included dividend equivalents, to Company common stock was effective on 05/12/2023.
F4 Based on 1 on 1 conversion.