SEC Form 4 · accession 0001209191-15-067815
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles F Serianni
Officer — EVP Chief Financial Officer
Period of report
Aug 22, 2015
Accepted (ET)
Aug 25, 2015 · 4:51 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 | Aug 22, 2015 | M | 1,307 | $0.00 | A | 10,459 | D | |
| Common StockF2 | Aug 22, 2015 | F | 381 | $42.00 | D | 10,078 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3,F1 | — | Aug 22, 2015 | M | 1,307 | D | — | — | Common Stock | 1,307 | 3,922 | D |
Explanation of responses
- F1The Restricted Stock Units ("RSUs") granted on 08/22/2015 vest 25% on each of the first four anniversaries of the date of grant. 1,307 RSUs, that included accrued dividend equivalents, vested on 08/22/2015 (Saturday) 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 1,307 shares under Restricted Stock Unit awards. The fair market value of the exchanged shares was $42.00 (the closing price of Republic Services, Inc.'s common stock on 08/21/2015).
- F3Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.