SEC Form 4 · accession 0001209191-19-001446
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon Vander Ark
Officer — EVP-Chief Operating Officer
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 7:34 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 StockF1 | Jan 1, 2019 | M | 5,839 | $0.00 | A | 5,839 | D | |
| Common StockF1 | Jan 1, 2019 | M | 3,365 | $0.00 | A | 9,204 | D | |
| Common StockF2 | Jan 1, 2019 | F | 2,117 | $72.09 | D | 7,087 | 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 | — | Jan 1, 2019 | M | 5,839 | D | — | — | Common Stock | 5,839 | 5,839 | D |
| Restricted Stock UnitsF3,F1 | — | Jan 1, 2019 | M | 3,365 | D | — | — | Common Stock | 3,365 | 3,365 | D |
Explanation of responses
- F1Represents the scheduled distribution of Restricted Stock Units ("RSUs") (initially granted in 2014) and held under the Republic Services, Inc. ("Company") Deferred Compensation Plan that settled to shares of the Company's Common Stock effective 01/01/2019, in accordance with the Reporting Person's previous deferral elections.
- F2Represents shares of the Company's Common Stock to satisfy the tax liability of the Reporting Person upon the scheduled distribution of a total of 9,204 RSUs to shares of the Company's Common Stock effective 01/01/2019. The fair market value of the exchanged shares was $72.09 (the closing price of the Company's Common Stock on December 31, 2018).
- F3Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.