SEC Form 4 · accession 0001209191-15-061569
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Hughes
Officer — EVP Chief Administrative Offic
Period of report
Jul 15, 2015
Accepted (ET)
Jul 17, 2015 · 6:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001060391
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jul 15, 2015 | A | 220 | A | — | — | Common Stock | 220 | 31,785 | D |
| Stock UnitsF3 | — | Jul 15, 2015 | A | 238 | A | — | — | Common Stock | 238 | 34,551 | D |
| Stock UnitsF4 | — | Jul 15, 2015 | A | 46 | A | — | — | Common Stock | 46 | 6,666 | D |
Explanation of responses
- F1Based on 1 on 1 conversion.
- F2Reflects dividends paid on the Restricted Stock Units awarded per the Republic Services, Inc. Amended and Restated 2007 Stock Incentive Plan. A portion of Mr. Hughes' Restricted Stock Units are held under the Company's Deferred Compensation Plan.
- F3Mr. Hughes holds these stock units under the Republic Services Stock Unit Fund pursuant to his election under the Company's Deferred Compenstion Plan. These stock units are settled through the issuance of shares of the Company's common stock (one on one conversion) and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
- F4Mr. Hughes 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.