SEC Form 4 · accession 0001209191-16-094529
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ramon A Rodriguez
Director
Period of report
Jan 31, 2016
Accepted (ET)
Feb 1, 2016 · 6:51 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 31, 2016 | M | 8,239 | $0.00 | A | 8,239 | 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 UnitsF2,F1 | — | Jan 31, 2016 | M | 8,239 | D | — | — | Common Stock | 8,239 | 0 | D |
Explanation of responses
- F1On 01/02/2013, the non-management Director was granted an annual award of 7,500 Restricted Stock Units ("RSUs") pursuant to the Republic Services, Inc.'s ("Company") 2007 Stock Incentive Plan, as amended. The RSUs under the 01/02/2013 grant were immediately vested; however, the Director could not convert any of the RSUs to Company common stock (based on 1 on 1 conversion) until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs or the date on which the Director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code. The settlement of 8,239 RSUs, that included dividend equivalents, to Company common stock was effective on 01/31/2016.
- F2Based on 1 on 1 conversion.