SEC Form 4 · accession 0001209191-15-004774
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald W Slager
Officer — President and CEO · Director
Period of report
Jan 15, 2015
Accepted (ET)
Jan 16, 2015 · 9:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001060391
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 15, 2015 | M | 139 | $0.00 | A | 258,507 | D | |
| Common StockF2 | Jan 15, 2015 | F | 46 | $40.04 | D | 258,461 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F3,F4 | — | Jan 15, 2015 | A | 1,266 | A | — | — | Common Stock | 1,266 | 162,455 | D |
| Restricted Stock UnitsF5,F3,F1 | — | Jan 15, 2015 | M | 139 | D | — | — | Common Stock | 139 | 162,316 | D |
Explanation of responses
- F1The Reporting Person previously reported on a Form 4 filed on 01/06/2015 the vesting on 01/03/2015 of 19,877 RSUs, that were paid in the form of Republic Services, Inc.'s common stock ("Common Stock"). Due to the Dividend Record date of 01/02/2015, the foregoing RSUs received dividend equivalents on the Dividend Payment Date of 01/15/2015. Therefore, a total of 139 RSUs were automatically paid out in the form of shares of Common Stock on 01/15/2015.
- F2Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 139 shares under Restricted Stock Unit awards. The fair market value of the exchanged shares was $40.04 (the closing price of Republic Services, Inc.'s common stock on 01/15/2015).
- F3Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
- F4Reflects dividend equivalents received on the Restricted Stock Units ("RSUs") as awarded per the Republic Services, Inc. Amended and Restated 2007 Stock Incentive Plan.
- F5Reflects the total number of outstanding Restricted Stock Units as of 01/15/2015.