Form 4 for RSG Republic Services
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001060391-24-000149 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-05 | 2024-03-01 | RSG | Vander Ark Jon | CEO, Pres, Dir | A - Grant | $0.00 | +27.4K | 95.9K | +40% | $0 |
| DM | 2024-03-05 | 2024-03-01 | RSG | Vander Ark Jon | CEO, Pres, Dir | F - Tax | $183.64 | -11.5K | 87.0K | -12% | -$2.10M |
| D | 2024-03-05 | 2024-03-04 | RSG | Vander Ark Jon | CEO, Pres, Dir | G - Gift | $0.00 | -5,446 | 79.7K | -6% | $0 |
| D | 2024-03-05 | 2024-03-04 | RSG | Vander Ark Jon | CEO, Pres, Dir | S - Sale | $184.10 | -5,446 | 85.1K | -6% | -$1.00M |
| D | 2024-03-05 | 2024-03-01 | RSG | Vander Ark Jon | CEO, Pres, Dir | A - Grant | $0.00 | +13.6K | 13.6K | 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 | 6,095 | $0.00 | 93,110 | D | — | — | (F1) Settlement of performance shares granted under the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 03/01/2024 ($183.64). |
| 2 | Common | Common Stock | 2024-03-01 | F | D | 2,551 | $183.64 | 90,559 | 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 | Common | Common Stock | 2024-03-04 | G | D | 5,446 | $0.00 | 79,667 | D | — | — | |
| 4 | Common | Common Stock | 2024-03-01 | F | D | 8,900 | $183.64 | 87,015 | 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). |
| 5 | Common | Common Stock | 2024-03-01 | A | A | 21,266 | $0.00 | 95,915 | D | — | — | (F1) Settlement of performance shares granted under the Republic Services, Inc. 2021 Stock Incentive Plan based on Republic's closing stock price on 03/01/2024 ($183.64). |
| 6 | Common | Common Stock | 2024-03-04 | S | D | 5,446 | $184.10 | 85,113 | D | — | — | (F3) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.09 to $184.16, inclusive. The reporting person undertakes to provide to Republic Services, any security holder of Republic Services, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3). |
| 7 | Derivative | Restricted Stock Units | 2024-03-01 | A | A | 13,614 | $0.00 | 13,614 | D | — · — to — | 13,614 Common Stock | (F4) 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). |