SEC Form 3 · accession 0001209191-18-044822

REPUBLIC SERVICES, INC. · RSG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Brian A Bales

Officer — EVP, Chief Development Officer

Period of report

Jul 24, 2018

Accepted (ET)

Aug 1, 2018 · 7:54 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 Stock	holding	—	—		—	13,504	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Options (02/08/2013 Grant Date)^F1	$31.12	holding	—	—	—	—	Feb 8, 2020	Common Stock	22,831	—	D
Non-Qualified Stock Options (02/07/2014 Grant Date)^F1	$33.40	holding	—	—	—	—	Feb 7, 2021	Common Stock	21,127	—	D
Restricted Stock Units (02/08/2013 Grant Date)^F2,F3	—	holding	—	—	—	—	—	Common Stock	5,330	—	D
Restricted Stock Units (02/13/2015 Grant Date)^F4	—	holding	—	—	—	—	—	Common Stock	8,794	—	D
Restricted Stock Units (02/18/2016 Grant Date)^F4	—	holding	—	—	—	—	—	Common Stock	8,106	—	D
Restricted Stock Units (02/18/2016 Grant Date)^F5	—	holding	—	—	—	—	—	Common Stock	5,792	—	D
Restricted Stock Units (02/18/2017 Grant Date)^F4	—	holding	—	—	—	—	—	Common Stock	5,942	—	D
Restricted Stock Units (02/18/2017 Grant Date)^F5	—	holding	—	—	—	—	—	Common Stock	1,697	—	D
Restricted Stock Units (02/18/2018 Grant Date)^F3	—	holding	—	—	—	—	—	Common Stock	5,429	—	D
Stock Units^F6	—	holding	—	—	—	—	—	Common Stock - Settled in Cash	25,422	—	D

Explanation of responses

F1Grant vesting occurs 25% on each of the first four anniversaries of the Grant Date in accordance with the Company's 2007 Stock Incentive Plan, as amended.
F2Represents the deferred portion of the Restricted Stock Unit Grant dated 02/08/2013 in accordance with the Reporting Person's election under the Company's Deferred Compensation Plan.
F3Grant vesting occurs 25% on each of the first four anniversaries of the Grant Date in accordance with the Company's 2007 Stock Incentive Plan, as amended. Each Restricted Stock Unit receives quarterly dividend equivalents each time a dividend is paid on the Company's common stock and ultimately will be paid out in the form of one share of the Company's common stock (1 to 1 conversion).
F4Grant vesting occurs 25% on each of the first four anniversaries of the Grant Date in accordance with the Company's 2007 Stock Incentive Plan, as amended. Each Restricted Stock Unit receives quarterly dividend equivalents each time a dividend is paid on the Company's common stock and ultimately will be paid out in the form of one share of the Company's common stock (1 to 1 conversion). A portion of the Restricted Stock Unit Grant is deferred in accordance with the Reporting Person's election under the Company's Deferred Compensation Plan.
F5Special Grant cliff vesting occurs four years of the Grant Date in accordance with the Company's 2007 Stock Incentive Plan, as amended. Each Restricted Stock Unit receives quarterly dividend equivalents each time a dividend is paid on the Company's common stock and ultimately will be paid out in the form of one share of the Company's commons stock (1 to 1 conversion).
F6Stock Units held under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to the Reporting Person's election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional Stock Units, each time a dividend is paid on the Company's common stock.