Form 4 REPUBLIC SERVICES, INC. For: Feb 18 Filed by: Ellingsen Catharine D

February 20, 2019 7:09 PM
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 *
Ellingsen Catharine D

(Last) (First) (Middle)
18500 N. ALLIED WAY

(Street)
PHOENIX AZ 85054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
REPUBLIC SERVICES, INC. [ RSG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP/Chief Legal Officer/Sec
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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 02/18/2019 M 497 (1) A $ 0 12,523 D
Common Stock 02/18/2019 F 221 (2) D $ 77.63 12,302 D
Common Stock 02/18/2019 M 1,126 (3) A $ 0 13,428 D
Common Stock 02/18/2019 F 510 (2) D $ 77.63 12,918 D
Common Stock 02/18/2019 M 1,567 (4) A $ 0 14,485 D
Cpmmon Stock 02/18/2019 F 697 (2) D $ 77.63 13,788 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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) 02/18/2019 M 497 (1) (1) Common Stock 497 $ 0 498 D
Restricted Stock Units (5) 02/18/2019 M 1,126 (3) (3) Common Stock 1,126 $ 0 3,751 D
Restricted Stock Units (5) 02/18/2019 M 1,567 (4) (4) Common Stock 1,567 $ 0 4,701 D
Explanation of Responses:
1. The Restricted Stock Units ("RSUs") granted on 02/18/2016 vest 25% on each of the first four anniversaries of the date of grant. 497 RSUs, that included accrued dividend equivalents, vested on 02/18/2019 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 shares under a Restricted Stock Unit award on Monday, 02/18/2019. The fair market value of the exchanged shares was $77.63 (the closing price of Republic Services, Inc.'s common stock on Friday, 02/15/2019 since 02/18/2019 was a federal holiday).
3. The Restricted Stock Units ("RSUs") granted on 02/18/2017 vest 25% on each of the first four anniversaries of the date of grant. 1,126 RSUs, that included accrued dividend equivalents, vested on 02/18/2019 and were paid out in the form of Republic Services, Inc.'s common stock. Does not include deferred RSUs that do not settle to common stock at this time (25% of initial grant was deferred under Republic's Deferred Compensation Plan).
4. The Restricted Stock Units ("RSUs") granted on 02/18/2018 vest 25% on each of the first four anniversaries of the date of grant. 1,567 RSUs, that included accrued dividend equivalents, vested on 02/18/2019 and were paid out in the form of Republic Services, Inc.'s common stock.
5. Each Restricted Stock Unit represents the contingent right to one share of common stock of Republic Services, Inc.
/s/ Eileen B. Schuler Attorney-in-Fact 02/20/2019
** Signature of Reporting Person Date
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