SEC Form 4 · accession 0001209191-19-011790
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catharine D Ellingsen
Officer — EVP/Chief Legal Officer/Sec
Period of report
Feb 18, 2019
Accepted (ET)
Feb 20, 2019 · 7:08 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 18, 2019 | M | 497 | $0.00 | A | 12,523 | D | |
| Common StockF2 | Feb 18, 2019 | F | 221 | $77.63 | D | 12,302 | D | |
| Common StockF3 | Feb 18, 2019 | M | 1,126 | $0.00 | A | 13,428 | D | |
| Common StockF2 | Feb 18, 2019 | F | 510 | $77.63 | D | 12,918 | D | |
| Common StockF4 | Feb 18, 2019 | M | 1,567 | $0.00 | A | 14,485 | D | |
| Cpmmon StockF2 | Feb 18, 2019 | F | 697 | $77.63 | D | 13,788 | 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 UnitsF5,F1 | — | Feb 18, 2019 | M | 497 | D | — | — | Common Stock | 497 | 498 | D |
| Restricted Stock UnitsF5,F3 | — | Feb 18, 2019 | M | 1,126 | D | — | — | Common Stock | 1,126 | 3,751 | D |
| Restricted Stock UnitsF5,F4 | — | Feb 18, 2019 | M | 1,567 | D | — | — | Common Stock | 1,567 | 4,701 | D |
Explanation of responses
- F1The Restricted Stock Units ("RSUs") granted on 02/18/2016 vest 25% on each of the first four anniversaries of the date of grant. 497 RSUs, that included accrued dividend equivalents, vested on 02/18/2019 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 shares under a Restricted Stock Unit award on Monday, 02/18/2019. The fair market value of the exchanged shares was $77.63 (the closing price of Republic Services, Inc.'s common stock on Friday, 02/15/2019 since 02/18/2019 was a federal holiday).
- F3The Restricted Stock Units ("RSUs") granted on 02/18/2017 vest 25% on each of the first four anniversaries of the date of grant. 1,126 RSUs, that included accrued dividend equivalents, vested on 02/18/2019 and were paid out in the form of Republic Services, Inc.'s common stock. Does not include deferred RSUs that do not settle to common stock at this time (25% of initial grant was deferred under Republic's Deferred Compensation Plan).
- F4The Restricted Stock Units ("RSUs") granted on 02/18/2018 vest 25% on each of the first four anniversaries of the date of grant. 1,567 RSUs, that included accrued dividend equivalents, vested on 02/18/2019 and were paid out in the form of Republic Services, Inc.'s common stock.
- F5Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.