REPUBLIC SERVICES, INC. 4
4 · REPUBLIC SERVICES, INC. · Filed Feb 16, 2016
Insider Transaction Report
Form 4
Maruster Robert Alan
COO (Effective 06.09.14)
Transactions
- Tax Payment
Common Stock
2016-02-13$44.20/sh−1,860$82,212→ 3,443 total - Exercise/Conversion
Common Stock
2016-02-13+4,083→ 5,303 total - Exercise/Conversion
Restricted Stock Units
2016-02-13−4,083→ 12,251 total→ Common Stock (4,083 underlying)
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. 4,083 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 4,083 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.