SEC Form 4 · accession 0001209191-18-009004
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald W Slager
Officer — President and CEO · Director
Period of report
Feb 7, 2018
Accepted (ET)
Feb 9, 2018 · 7:06 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, 2018 | M | 21,105 | $0.00 | A | 269,728 | D | |
| Common StockF2 | Feb 7, 2018 | F | 7,052 | $64.60 | D | 262,676 | 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 UnitsF3,F1 | — | Feb 7, 2018 | M | 21,105 | D | — | — | Common Stock | 21,105 | 0 | 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. 21,105 RSUs, that included accrued dividend equivalents, vested on 02/07/2018 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 21,105 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $64.60 (the closing price of Republic Services, Inc.'s common stock on 02/07/2018).
- F3Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.