SEC Form 4 · accession 0001209191-19-002149
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ramon A Rodriguez
Director
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 5:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001060391
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | — | Jan 2, 2019 | A | 3,216 | A | — | — | Common Stock | 3,216 | 3,216 | D |
Explanation of responses
- F1Based on 1 on 1 conversion.
- F2On 01/02/2019 ("Date of Grant"), each non-Management Director received an annual award of 3,216 Restricted Stock Units ("RSUs") pursuant to the Republic Services, Inc.'s ("Company") 2007 Stock Incentive Plan, as amended. The grant was based on a value on the Date of Grant of $230,000, with the number of RSUs calculated based on the closing stock price of the Company's common stock on the Date of Grant ($71.53). The RSUs under this 01/02/2019 grant immediately vest; however, the Director cannot convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs (for this grant being 01/31/2022), unless deferred by the Director or the date on which the Director leaves the Board.