SEC Form 4 · accession 0001209191-15-052035
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Alan Maruster
Officer — COO
Period of report
Jun 9, 2015
Accepted (ET)
Jun 10, 2015 · 6:52 pm EDT
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 | Jun 9, 2015 | M | 1,768 | $0.00 | A | 1,768 | D | |
| Common StockF2 | Jun 9, 2015 | F | 548 | $40.03 | D | 1,220 | 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 UnitsF3,F1 | — | Jun 9, 2015 | M | 1,768 | D | — | — | Common Stock | 1,768 | 5,307 | D |
Explanation of responses
- F1The Restricted Stock Units ("RSUs") granted on 06/09/2014 vest 25% on each of the first four anniversaries of the date of grant. 1,768 RSUs, that included accrued dividend equivalents, vested on 06/09/2015 and were paid out in the form of Republic Services, Inc.'s common stock.
- F2Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 1,768 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $40.03 (the closing stock price of Republic Services, Inc.'s common stock on 06/09/2015).
- F3Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.