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

Role
Director
Signature
/s/ Lauren McKeon Attorney-in-Fact
Issuer symbol
RSG
Transactions as of
12 May 2023
Net transactions value
$0
Form type
4
Filing time
16 May 2023, 18:47:09 UTC
Previous filing
17 Apr 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 Options Exercise $0 +2,554 +22% $0.000000 13,916 12 May 2023 Direct F1
transaction RSG Common Stock Options Exercise $0 +1,737 +12% $0.000000 15,653 12 May 2023 Direct F2
transaction RSG Common Stock Options Exercise $0 +1,801 +12% $0.000000 17,454 12 May 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 -2,554 -100% $0.000000* 0 12 May 2023 Common Stock 2,554 Direct F1, F4
transaction RSG Restricted Stock Units Options Exercise $0 -1,737 -100% $0.000000* 0 12 May 2023 Common Stock 1,737 Direct F2, F4
transaction RSG Restricted Stock Units Options Exercise $0 -1,801 -100% $0.000000* 0 12 May 2023 Common Stock 1,801 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.