SEC Form 4 · accession 0001209191-19-009481
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles F Serianni
Officer — EVP Chief Financial Officer
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 6:26 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF1 | — | Feb 8, 2019 | A | 8,740 | A | — | — | Common Stock | 8,740 | 8,740 | D |
| Restricted Stock UnitsF2 | — | Feb 8, 2019 | A | 8,086 | A | — | — | Common Stock | 8,086 | 8,086 | D |
Explanation of responses
- F18,740 performance shares ("PSUs") were earned as of 02/08/2019 per the Republic Services, Inc. Amended and Restated 2007 Stock Incentive Plan based on Republic's closing stock price on 02/08/2019 ($76.68). Such PSUs were deferred under the Republic Services, Inc. Deferred Compensation Plan as elected by the Reporting Person. The deferred PSUs will accumulate quarterly dividend equivalents.
- F2Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc. Amended and Restated 2007 Stock Incentive Plan. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/08/2019) and each RSU ultimately will be paid out in the form of one share of Republic's common stock. The number of RSUs was calculated based on Republic's closing stock price on 02/08/2019 ($76.68).