REPUBLIC SERVICES, INC. 4
4 · REPUBLIC SERVICES, INC. · Filed Feb 16, 2016
Insider Transaction Report
Form 4
Rissman Michael P
VP, Acting General Counsel
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-02-13−3,201→ 9,605 total→ Common Stock (3,201 underlying) - Tax Payment
Common Stock
2016-02-13$44.20/sh−1,478$65,328→ 39,178 total - Exercise/Conversion
Common Stock
2016-02-13+3,201→ 40,656 total
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") granted on 02/13/2015 vest 25% on each of the first four anniversaries of the date of grant. 3,201 RSUs, that included accrued dividend equivalents, vested on 02/13/2016 (Saturday) 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 3,201 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $44.20 (the closing price of Republic Services, Inc.'s common stock on 02/12/2016).
- [F3]Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.