REPUBLIC SERVICES, INC. 4/A
4/A · REPUBLIC SERVICES, INC. · Filed Feb 12, 2014
Insider Transaction Report
Form 4/AAmended
Culpepper Glenn
EVP-CFO
Transactions
- Award
Restricted Stock Units
2014-02-07$33.40/sh+14,671$490,011→ 14,671 total→ Common Stock (14,671 underlying) - Award
Non-Qualified Stock Option
2014-02-07$33.40/sh+44,015$1,470,101→ 44,015 total→ Common Stock (44,015 underlying)
Holdings
- 0
Common Stock
Footnotes (3)
- [F1]A Form 4 was filed for the Reporting Person on 02/11/2014 that inadvertently referenced the vesting of 6,620 Restricted Stock Units ("RSUs") on 02/08/2013 that resulted in the issuance of shares of common stock of Republic Services, Inc. The RSU grant is held under the Republic Services, Inc.'s Deferred Compensation Plan, as amended ("DCP"), and no shares of stock settled at the time of vesting on 02/08/2014. This amended Form 4 corrects this administrative error. The Reporting Person does not own any shares directly, and 26,481 RSUs remain under the 02/13/2013 grant and are deferred under the DCP. The new RSU and Stock Option grants as of 02/07/2014, also reported on the Form 4 dated 02/11/2014, were correctly referenced and are restated on this Amended Form 4.
- [F2]Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 2007 Stock Incentive Plan, as amended. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/07/2014) and each RSU ultimately will be paid out in the form of one share of Republic Services, Inc.'s common stock. The number of RSUs was calculated based on the closing stock price of Republic Services, Inc.'s common stock on 02/07/2014 ($33.40). Reporting Person elected to defer the vesting of this grant under the Republic Services, Inc.'s Deferred Compensation Plan, as amended. This new grant was properly reported on Reporting Person's Form 4 dated 02/11/2014.
- [F3]Non-Qualified Stock Options awarded pursuant to Republic Services, Inc.'s 2007 Stock Incentive Plan, as amended. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 02/07/2014). This new grant was properly reported on Reporting Person's Form 4 dated 02/11/2014.