Brian A. Bales - Jul 14, 2023 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
EVP, Chief Development Officer
Signature
/s/ Lauren McKeon Attorney-in-Fact
Stock symbol
RSG
Transactions as of
Jul 14, 2023
Transactions value $
$56,992
Form type
4
Date filed
7/18/2023, 05:45 PM
Previous filing
Jun 21, 2023
Next filing
Aug 15, 2023

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 $30.4K +203 +0.33% $149.98 61.7K Jul 14, 2023 Common Stock 203 Direct F1, F2
transaction RSG Stock Units Award $13.6K +91 +0.33% $149.98 27.7K Jul 14, 2023 Common Stock 91 Direct F3
transaction RSG Performance Shares (PSUs) Award $12.9K +86 +0.33% $149.98 26.2K Jul 14, 2023 Common Stock 86 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on 1 on 1 conversion.
F2 Reflects dividends paid on the Restricted Stock Units ("RSUs") awarded per the Republic Services, Inc. 2021 Stock Incentive Plan. RSUs are held under the Company's Deferred Compensation Plan.
F3 Mr. Bales holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
F4 Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.