0001209191-17-012976.txt : 20170221
0001209191-17-012976.hdr.sgml : 20170221
20170221200029
ACCESSION NUMBER: 0001209191-17-012976
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170218
FILED AS OF DATE: 20170221
DATE AS OF CHANGE: 20170221
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: REPUBLIC SERVICES, INC.
CENTRAL INDEX KEY: 0001060391
STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953]
IRS NUMBER: 650716904
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 18500 N. ALLIED WAY
CITY: PHOENIX
STATE: AZ
ZIP: 85054
BUSINESS PHONE: 480 627 2700
MAIL ADDRESS:
STREET 1: 18500 N. ALLIED WAY
CITY: PHOENIX
STATE: AZ
ZIP: 85054
FORMER COMPANY:
FORMER CONFORMED NAME: REPUBLIC SERVICES INC
DATE OF NAME CHANGE: 19980423
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hughes Jeffrey A
CENTRAL INDEX KEY: 0001526935
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14267
FILM NUMBER: 17626776
MAIL ADDRESS:
STREET 1: 18500 NORTH ALLIED WAY
CITY: PHOENIX
STATE: AZ
ZIP: 85054
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-02-18
0
0001060391
REPUBLIC SERVICES, INC.
RSG
0001526935
Hughes Jeffrey A
18500 NORTH ALLIED WAY
PHOENIX
AZ
85054
0
1
0
0
EVP Chief Administrative Offic
Common Stock
2017-02-18
4
M
0
2807
0.00
A
7625
D
Common Stock
2017-02-18
4
F
0
1296
60.75
D
6329
D
Restricted Stock Units
2017-02-18
4
M
0
2807
0.00
D
Common Stock
2807
8421
D
Restricted Stock Units
2017-02-18
4
A
0
8231
60.75
A
Common Stock
8231
8231
D
Restricted Stock Units
2017-02-18
4
A
0
4116
60.75
A
Common Stock
4116
4116
D
The Restricted Stock Units ("RSUs") granted on 02/18/2016 vest 25% on each of the first four anniversaries of the date of grant. 2,807 RSUs, that included accrued dividend equivalents, vested on 02/18/2017 and were paid out in the form of Republic Services, Inc.'s common stock.
Represents shares of common stock to satisfy the tax liability of the Reporting Person upon the vesting of 2,807 shares under a Restricted Stock Unit award on Saturday, 02/18/2017. The fair market value of the exchanged shares was $60.75 (the closing price of Republic Services, Inc.'s common stock on Friday, 02/17/2017).
Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 2007 Stock Incentive Plan, as amended. The award will vest 25% on each of the first four anniversaries of the date of grant (which date of grant is Saturday, 02/18/2017) and each RSU ultimately will be paid out in the form of one share of Republic Services, Inc.'s common stock. The number of RSUs was calculated based on the closing stock price of Republic Services, Inc.'s common stock on Friday, 02/17/2017 ($60.75). Reporting Person elected to defer this grant in accordance with the Republic Services, Inc. Deferred Compensation Plan, as amended.
Special Grant of Restricted Stock Units ("RSUs") awarded pursuant to Republic Services, Inc.'s 2007 Stock Incentive Plan, as amended. The award will be subject to a cliff vesting period in which 100% of the RSUs will vest on the fourth anniversary of the Date of Grant (Saturday, 02/18/2017). The special grant will not be subject to acceleration of vesting on account of retirement prior to the vesting date. Each RSU ultimately will be paid out in the form of one share of Republic Services, Inc.'s common stock. The number of RSUs was calculated based on the closing stock price of Republic Services, Inc.'s common stock on Friday, 02/17/2017 ($60.75). Reporting Person elected to defer this grant in accordance with the Republic Services, Inc. Deferred Compensation Plan, as amended.
/s/ Eileen B. Schuler Attorney-in-Fact
2017-02-21