Form 4 for RSG Republic Services
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001060391-24-000147 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-05 | 2024-03-01 | RSG | DelGhiaccio Brian M | EVP CFO | A - Grant | $0.00 | +6,153 | 13.7K | +82% | $0 |
| D | 2024-03-05 | 2024-03-01 | RSG | DelGhiaccio Brian M | EVP CFO | F - Tax | $183.64 | -2,624 | 11.0K | -19% | -$481.9K |
| DM | 2024-03-05 | 2024-03-01 | RSG | DelGhiaccio Brian M | EVP CFO | A - Grant | $0.00 | +5,591 | 2,051 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-01 | A | A | 6,153 | $0.00 | 13,650 | D | — | — | (F1) 8,204 performance shares ("PSUs") were earned as of 03/01/2024 pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 03/01/2024 ($183.64). The Reporting Person elected to defer 25% of the grant (2,051 PSUs) pursuant to the Republic Services, Inc. Deferred Compensation Plan ("DCP"). |
| 2 | Common | Common Stock | 2024-03-01 | F | D | 2,624 | $183.64 | 11,026 | D | — | — | (F2) Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the settlement of performance shares on 03/01/2024. The fair market value of the exchanged shares was $183.64 (the closing price of Republic Services, Inc.'s common stock on 03/01/2024). |
| 3 | Derivative | Restricted Stock Units | 2024-03-01 | A | A | 3,540 | $0.00 | 3,540 | D | — · — to — | 3,540 Common Stock | (F3) Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 2021 Stock Incentive Plan. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is 03/01/2024) and each RSU ultimately will be paid out in the form of one share of Republic's common stock. The number of RSUs was calculated based on Republic's closing stock price on 03/01/2024 ($183.64). |
| 4 | Derivative | PSU Shares Deferred to DCP | 2024-03-01 | A | A | 2,051 | $0.00 | 2,051 | D | — · — to — | 2,051 Common Stock | (F4) Based on 1 on 1 conversion. (F1) 8,204 performance shares ("PSUs") were earned as of 03/01/2024 pursuant to the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 03/01/2024 ($183.64). The Reporting Person elected to defer 25% of the grant (2,051 PSUs) pursuant to the Republic Services, Inc. Deferred Compensation Plan ("DCP"). |