SEC Form 4/A · accession 0001209191-16-097107
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Donald W Slager
Officer — President and CEO · Director
Period of report
Feb 7, 2016
Accepted (ET)
Feb 9, 2016 · 8:37 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 | Feb 7, 2016 | M | 20,181 | $0.00 | A | 303,279 | D | |
| Common StockF2 | Feb 7, 2016 | F | 9,157 | $43.58 | D | 294,122 | D | |
| Common StockF3 | Feb 8, 2016 | M | 21,857 | $0.00 | A | 315,979 | D | |
| Common StockF4 | Feb 8, 2016 | F | 10,284 | $43.42 | D | 305,695 | 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,F1 | — | Feb 7, 2016 | M | 20,181 | D | — | — | Common Stock | 20,181 | 40,364 | D |
| Restricted Stock UnitsF5,F3 | — | Feb 8, 2016 | M | 21,857 | D | — | — | Common Stock | 21,857 | 21,857 | D |
Explanation of responses
- F1The Restricted Stock Units ("RSUs") granted on 02/07/2014 vest 25% on each of the first four anniversaries of the date of grant. 20,181 RSUs, that included accrued dividend equivalents, vested on 02/07/2016 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 20,181 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $43.58 (the closing price of Republic Services, Inc.'s common stock on 02/05/2016). This Form 4 corrects the number of shares withheld by the company as reported on Mr. Slager's Form 4 previously filed on 02/08/2016.
- F3The Restricted Stock Units ("RSUs") granted on 02/08/2013 vest 25% on each of the first four anniversaries of the date of grant. 21,857 RSUs, that included accrued dividend equivalents, vested on 02/08/2016 and were paid out in the form of Republic Services, Inc.'s common stock.
- F4Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 21,857 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $43.42 (the closing price of Republic Services, Inc.'s common stock on 02/08/2016). This Form 4 corrects the number of shares withheld by the company as reported on Mr. Slager's Form 4 previously filed on 02/08/2016.
- F5Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
Remarks
This Amended Form 4 corrects the Form 4 previously filed on 02/08/2016.