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)
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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) 11/29/2017 | ||||||||||||||||||||||||||
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 | 11/29/2017 | M | 98,132 | A | $30.05(1) | 322,541 | D | |||
Common Stock | 11/29/2017 | S | 60,516 | D | $64 | 262,025 | D | |||
Common Stock | 11/29/2017 | S | 37,616 | D | $64.5 | 224,409 | D | |||
Common Stock | 11/30/2017 | M | 55,321 | A | $30.05(2) | 279,730 | D | |||
Common Stock | 11/30/2017 | S | 55,321 | D | $64.5 | 224,409 | 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 | ||||||||
Common Stock Option | $30.05 | 11/29/2017 | M | 98,132 | (1)(3) | 01/03/2018 | Common Stock | 98,132 | $0.00 | 55,321(1)(3) | D | ||||
Common Stock Option | $30.05 | 11/30/2017 | M | 55,321 | (2) | 01/03/2018 | Common Stock | 55,321 | $0.00 | 0(2) | D |
Explanation of Responses: |
1. On 11/29/2017, Mr. Slager exercised 98,132 options and sold 60,516 shares at $64.00 and 37,616 shares at $64.50 in accordance with his established Rule 10b5-1 Sales Plan executed on 11/07/2017 ("Plan"), and having a Plan start date of 11/10/2017 and Plan end date of 01/03/2018. Under the non-qualified stock option award (granted on 01/03/2011) and in accordance with the Plan, 153,453 options were available to exercise/sell, and after the 11/29/2017 transaction, 55,321 options remain available under the Plan to exercise/sell. The stock option grant is due to expire on 01/03/2018. |
2. On 11/30/2017, Mr. Slager exercised 55,321 options and sold such shares at $64.50 in accordance with his established Rule 10b5-1 Sales Plan executed on 11/07/2017 ("Plan"), and having a Plan start date of 11/10/2017 and Plan end date of 01/03/2018. Under the non-qualified stock option award (granted on 01/03/2011) and in accordance with the Plan, 55,321 options were available to exercise/sell, and after the 11/30/2017 transaction there were no remaining options available under this grant. The stock option grant is due to expire on 01/03/2018. |
3. As previously reported on the Form 4 filed with the SEC on 11/16/2017, Mr. Slager exercised and sold 32,421 options on 11/14/2017 from the non-qualified stock option award granted on 01/03/2011. 185,874 options were granted and fully vested and exercisable on 11/14/2017, and after the 11/14/2017 transaction, 153,453 options remained available to exercise/sell. This corrects the clerical error on the previously filed Form 4 that stated 60,516 options remained available to exercise/sell. The full grant is subject to the established Rule 10b5-1 Sales Plan executed on 11/07/2017 ("Plan"), and having a Plan start date of 11/10/2017 and Plan end date of 01/03/2018. The stock option grant is due to expire on 01/03/2018. |
Remarks: |
/s/ Eileen B. Schuler Attorney-in-Fact | 11/30/2017 | |
** 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. |