REPUBLIC SERVICES, INC. 4
4 · REPUBLIC SERVICES, INC. · Filed Jun 10, 2015
Insider Transaction Report
Form 4
Maruster Robert Alan
COO (Effective 06.09.14)
Transactions
- Exercise/Conversion
Common Stock
2015-06-09+1,768→ 1,768 total - Tax Payment
Common Stock
2015-06-09$40.03/sh−548$21,936→ 1,220 total - Exercise/Conversion
Restricted Stock Units
2015-06-09−1,768→ 5,307 total→ Common Stock (1,768 underlying)
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") granted on 06/09/2014 vest 25% on each of the first four anniversaries of the date of grant. 1,768 RSUs, that included accrued dividend equivalents, vested on 06/09/2015 and were paid out in the form of Republic Services, Inc.'s common stock.
- [F2]Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 1,768 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $40.03 (the closing stock price of Republic Services, Inc.'s common stock on 06/09/2015).
- [F3]Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.