Brian M. DelGhiaccio - 01 Jun 2022 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Signature
/s/ Lauren McKeon, Attorney-In-Fact
Issuer symbol
RSG
Transactions as of
01 Jun 2022
Transactions value $
-$34,296
Form type
4
Filing time
02 Jun 2022, 18:55:01
Previous filing
18 Apr 2022
Next filing
19 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSG Common Stock Options Exercise $0 +607 +9.24% $0.00 7.17K 01 Jun 2022 Direct F1
transaction RSG Common Stock Tax liability -$34.3K -256 -3.57% $133.97 6.92K 01 Jun 2022 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 -607 -33.32% $0.00 1.22K 01 Jun 2022 Common Stock 607 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 6/1/2020 vest 25% on each of the first four anniversaries of the date of grant. 607 RSUs, that included accrued dividends, vested on 6/1/2022 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 6/1/2022. The fair market value of the exchanged shares was $133.97 per share (the closing price of Republic Services, Inc.'s common stock on 6/1/2022).
F3 Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.