SEC Form 4 · accession 0001209191-16-100686
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P Rissman
Officer — EVP/Chief Legal Officer/Secret
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 5:34 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 Stock | Feb 17, 2016 | S | 5,532 | $45.2108 | D | 33,646 | D | |
| Common Stock | Feb 18, 2016 | S | 1,723 | $45.4015 | D | 31,923 | D | |
| Common Stock | Feb 18, 2016 | S | 3,371 | $45.29 | D | 28,552 | 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 UnitsF1 | — | Feb 18, 2016 | A | 10,961 | A | — | — | Common Stock | 10,961 | 10,961 | D |
Explanation of responses
- F1Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 2007 Stock Incentive Plan, as amended. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/18/2016) and each RSU ultimately will be paid out in the form of one share of Republic Services, Inc.'s common stock. The number of RSUs was calculated based on the closing stock price of Republic Services, Inc.'s common stock on 02/18/2016 ($45.62). Reporting Person elected to defer this grant in accordance with the Republic Services, Inc. Deferred Compensation Plan, as amended.