SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol REPUBLIC SERVICES, INC. [ RSG ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 02/07/2016 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 02/07/2016 | M | 2,328(1) | A | $0.00 | 6,475 | D | |||
Common Stock | 02/07/2016 | F | 720(2) | D | $43.58 | 5,755 | D | |||
Common Stock | 02/08/2016 | M | 2,102(3) | A | $0.00 | 7,857 | D | |||
Common Stock | 02/08/2016 | F | 664(4) | D | $43.42 | 7,193 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (5) | 02/07/2016 | M | 2,328 | (1) | (1) | Common Stock | 2,328 | $0.00 | 4,658 | D | ||||
Restricted Stock Units | (5) | 02/08/2016 | M | 2,102 | (3) | (3) | Common Stock | 2,102 | $0.00 | 2,103 | D |
Explanation of Responses: |
1. The Restricted Stock Units ("RSUs") granted on 02/07/2014 vest 25% on each of the first four anniversaries of the date of grant. 2,328 RSUs, that included accrued dividend equivalents, vested on 02/07/2016 and were paid out in the form of Republic Services, Inc.'s common stock. |
2. Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 2,328 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $43.58 (the closing price of Republic Services, Inc.'s common stock on 02/05/2016). |
3. The Restricted Stock Units ("RSUs") granted on 02/08/2013 vest 25% on each of the first four anniversaries of the date of grant. 2,102 RSUs, that included accrued dividend equivalents, vested on 02/08/2016 and were paid out in the form of Republic Services, Inc.'s common stock. |
4. Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 2,102 shares under a Restricted Stock Unit award. The fair market value of the exchanged shares was $43.42 (the closing price of Republic Services, Inc.'s common stock on 02/08/2016). |
5. Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc. |
Remarks: |
/s/ Eileen B. Schuler Attorney-in-Fact | 02/08/2016 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |