Brian Bales - Jan 13, 2023 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 13, 2023
Transactions value $
$54,077
Form type
4
Date filed
1/17/2023, 07:08 PM
Previous filing
Oct 17, 2022
Next filing
Feb 10, 2023

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 $29.2K +234 +0.4% $124.89 59.2K Jan 13, 2023 Common Stock 234 Direct F1, F2
transaction RSG Stock Units Award $13.5K +108 +0.39% $124.89 27.5K Jan 13, 2023 Common Stock 108 Direct F3
transaction RSG Performance Shares (PSUs) Award $11.4K +91 +0.4% $124.89 22.9K Jan 13, 2023 Common Stock 91 Direct F1, F4
* 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 Reflects dividends paid on the Restricted Stock Units ("RSUs") awarded per the Republic Services, Inc. 2021 Stock Incentive Plan. RSUs are held under the Company's Deferred Compensation Plan.
F3 Mr. Bales 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.
F4 Reflects dividend equivalents received on the 11,186 Performance Shares ("PSUs") earned as of 02/08/2019, 7,261 PSUs earned as of 02/14/2020, and 3,291 PSUs earned as of 02/11/2022 per the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.