RODRIGUEZ RAMON A 4
4 · REPUBLIC SERVICES, INC. · Filed Jan 3, 2020
Insider Transaction Report
Form 4
RODRIGUEZ RAMON A
Director
Transactions
- Award
Restricted Stock Units
2020-01-02+2,561→ 2,561 total→ Common Stock (2,561 underlying)
Footnotes (2)
- [F1]Based on 1 on 1 conversion.
- [F2]On 01/02/2020 ("Date of Grant"), each non-Management Director received an annual award of 2,561 Restricted Stock Units ("RSUs") pursuant to the Republic Services, Inc.'s ("Company") 2007 Stock Incentive Plan, as amended. The grant was based on a value on the Date of Grant of $230,000, with the number of RSUs calculated based on the closing stock price of the Company's common stock on the Date of Grant ($89.83). The RSUs under this 01/02/2020 grant immediately vest; however, the Director cannot convert any of the RSUs to Company common stock (based on a 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 (for this grant being 01/31/2023), unless deferred by the Director or the date on which the Director leaves the Board.