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

Role: EVP, Chief Commercial Officer
Signature: /s/ Lauren McKeon, Attorney-in-Fact
Stock symbol: RSG
Transactions as of: Jul 30, 2023
Transactions value $: -$81,810
Form type: 4
Date filed: 7/31/2023, 06:36 PM
Previous filing: Jul 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RSG	Common Stock	Options Exercise	$0	+1.3K	+35.61%	$0.00	4.97K	Jul 30, 2023	Direct	F1
transaction	RSG	Common Stock	Tax liability	-$81.8K	-540	-10.87%	$151.50	4.43K	Jul 30, 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	-1.3K	-33.32%	$0.00	2.61K	Jul 30, 2023	Common Stock	1.3K		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.