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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Options (1) | (2) | 06/09/2014 | A | 20,227 | (2) | (2) | Common Stock | 20,227 | $ 36.35 | 20,227 | D | ||||
Restricted Stock Units (1) | (3) | 06/09/2014 | A | 6,878 | (3) | (3) | Common Stock | 6,878 | $ 36.35 | 6,878 | D | ||||
Restricted Stock Units (1) | (4) | 06/09/2014 | A | 8,254 | (4) | (4) | Common Stock | 8,254 | $ 36.35 | 8,254 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Maruster Robert Alan 18500 N ALLIED WAY PHOENIX, AZ 85054 |
COO (Effective 06.09.14) |
/s/ Eileen B. Schuler Attorney-in Fact | 06/10/2014 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Effective 06/09/2014, Mr. Maruster became the Executive Vice President and Chief Operating Officer of the Company. For 2014, he received an equity award with a grant-date value of approximately $125,000 in stock options and an equity award of restricted stock units ("RSUs") with a grant-date value of approximately $250,000. In addition, he received a one-time special RSU award with a grant-date value of approximately $300,000 to cliff vest on the fourth anniversary of the grant date. The grant date for each of the foregoing equity awards was 06/09/2014. |
(2) | Non-Qualified Stock Options 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 06/09/2014). Exercise price of $36.35 is the closing price of the Company's common stock on 06/09/2014. |
(3) | 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 06/09/2014) and each ultimately will be paid out in the form of one share of the Company's common stock. The number of RSUs was calcuated based on the closing price of the Company's common stock on 06/09/2014 ($36.35). |
(4) | One-time special RSU grant awarded pursuant to Republic Services, Inc.'s 2007 Stock Incentive Plan, as amended. The award will cliff vest on the fourth anniversary of the grant date (which date of grant is 06/09/2014) and each ultimately will be paid out in the form of one share of the Company's common stock. The number of RSUs was calcuated based on the closing price of the Company's common stock on 06/09/2014 ($36.35). |