Katrina Liddell - 30 Jul 2023 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
EVP, Chief Commercial Officer
Signature
/s/ Lauren McKeon, Attorney-in-Fact
Issuer symbol
RSG
Transactions as of
30 Jul 2023
Net transactions value
-$81,810
Form type
4
Filing time
31 Jul 2023, 18:36:05 UTC
Previous filing
18 Jul 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 +1,304 +36% $0.000000 4,966 30 Jul 2023 Direct F1
transaction RSG Common Stock Tax liability $81,810 -540 -11% $151.50 4,426 30 Jul 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 -1,304 -33% $0.000000 2,610 30 Jul 2023 Common Stock 1,304 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") granted on 07/30/2021 vest 25% on each of the first four anniversaries of the date of grant. 1,304 RSUs, that included accrued dividend equivalents, automatically vested on 07/30/2023 and were 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 07/30/2023. The fair market value of the exchanged shares was $151.50 per share (the closing price of Republic Services, Inc.'s common stock on 07/28/2023).
F3 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.