REPUBLIC SERVICES, INC. 4
4 · REPUBLIC SERVICES, INC. · Filed Feb 3, 2015
Insider Transaction Report
Form 4
SORENSEN ALLAN C
Director
Transactions
- Exercise/Conversion
Common Stock
2015-01-30+8,270→ 8,270 total - Exercise/Conversion
Restricted Stock Units
2015-01-30−8,270→ 0 total→ Common Stock (8,270 underlying)
Footnotes (2)
- [F1]On 01/03/2012, the non-management Director was granted an annual award of 7,500 Restricted Stock Units ("RSUs") pursuant to the Republic Services, Inc.'s ("Company") 2007 Stock Incentive Plan, as amended. The RSUs under the 01/03/2012 grant were immediately vested; however, the Director could not convert any of the RSUs to Company common stock (based on 1 on 1 conversion) until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs or the date on which the Director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code. The settlement of 8,270 RSUs, that included dividend equivalents, to Company common stock was effective on Friday, 01/30/2015.
- [F2]Based on 1 on 1 conversion.