Brian Bales - Oct 13, 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
Oct 13, 2023
Transactions value $
$61,740
Form type
4
Date filed
10/17/2023, 07:57 PM
Previous filing
Sep 15, 2023
Next filing
Nov 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 $33K +224 +0.36% $147.35 61.9K Oct 13, 2023 Common Stock 224 Direct F1, F2
transaction RSG Stock Units Award $14.7K +100 +0.36% $147.35 27.8K Oct 13, 2023 Common Stock 100 Direct F3
transaction RSG Performance Shares (PSUs) Award $14K +95 +0.36% $147.35 26.3K Oct 13, 2023 Common Stock 95 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.