Brian Bales - Jan 16, 2024 Form 4 Insider Report for REPUBLIC SERVICES, INC. (RSG)

Role
EVP, Chief Development Officer
Signature
/s/ Lauren McKeon, Attorney-in-Fact
Stock symbol
RSG
Transactions as of
Jan 16, 2024
Transactions value $
$62,115
Form type
4
Date filed
1/18/2024, 06:48 PM
Previous filing
Dec 26, 2023
Next filing
Feb 13, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RSG Restricted Stock Units Award $33.1K +200 +0.32% $165.64 62.1K Jan 16, 2024 Common Stock 200 Direct F1, F2, F3
transaction RSG Stock Units Award $14.9K +90 +0.32% $165.64 27.8K Jan 16, 2024 Common Stock 90 Direct F4
transaction RSG Performance Shares (PSUs) Award $14.1K +85 +0.32% $165.64 26.4K Jan 16, 2024 Common Stock 85 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on 1 on 1 conversion.
F2 Dividends paid on the Restricted Stock Units awarded per the Republic Services, Inc. 2021 Stock Incentive Plan.
F3 A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
F4 The Reporting Person holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
F5 Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.