SEC Form 4 · accession 0001209191-19-011794
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Hughes
Officer — EVP Chief Administrative Offic
Period of report
Feb 18, 2019
Accepted (ET)
Feb 20, 2019 · 7:11 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 | 2,925 | $0.00 | A | 10,287 | D | |
| Common StockF2 | Feb 18, 2019 | F | 1,274 | $77.63 | D | 9,013 | D | |
| Common StockF3 | Feb 18, 2019 | M | 1,958 | $0.00 | A | 10,971 | D | |
| Common StockF2 | Feb 18, 2019 | F | 853 | $77.63 | D | 10,118 | 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 UnitsF4,F1 | — | Feb 18, 2019 | M | 2,925 | D | — | — | Common Stock | 2,925 | 2,925 | D |
| Restricted Stock UnitsF4,F3 | — | Feb 18, 2019 | M | 1,958 | D | — | — | Common Stock | 1,958 | 5,876 | 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. 2,925 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 02/18/2018 vest 25% on each of the first four anniversaries of the date of grant. 1,958 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.
- F4Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.