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The grant was based on a value on the Date of Grant of $230,000, with the number of RSUs calculated based on the closing stock price of the Company's common stock on the Date of Grant ($93.54). The RSUs under this 01/04/2021 grant immediately vest; however, the Director cannot convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs (for this grant being 01/31/2024), unless deferred by the Director or the date on which the Director leaves the Board. The Director elected to defer this grant pursuant to the Company's Deferred Compensation Plan."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"On 01/04/2021 (\"Date of Grant\"), each non-Management Director received an annual award of 2,459 Restricted Stock Units (\"RSUs\") pursuant to the Republic Services, Inc.'s (\"Company\") 2007 Stock Incentive Plan, as amended. The grant was based on a value on the Date of Grant of $230,000, with the number of RSUs calculated based on the closing stock price of the Company's common stock on the Date of Grant ($93.54). The RSUs under this 01/04/2021 grant immediately vest; however, the Director cannot convert any of the RSUs to Company common stock (based on a 1 on 1 conversion) until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs (for this grant being 01/31/2024), unless deferred by the Director or the date on which the Director leaves the Board. The Director elected to defer this grant pursuant to the Company's Deferred Compensation Plan."}],"balance_after":2459,"derivative":{"underlying":"Common Stock","underlying_shares":2459},"source":{"system":"sec-edgar","filing":"0001209191-21-001739","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1060391/000120919121001739/doc4.xml","form_type":"4"}},{"id":3005621,"issuer":{"id":1686,"kind":"organization","name":"REPUBLIC SERVICES, INC.","symbol":"RSG"},"owners":[{"id":29861,"kind":"person","name":"Duffy Michael A","position":1,"cik":"0001819603","reported_name":"Duffy Michael A","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Restricted Stock Units","published_at":"2020-10-16T22:18:14.000Z","date":"2020-10-15","kind":"grant","acquired":true,"shares":5,"price":93.42,"value":467.1,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Based on 1 on 1 conversion."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Dividends paid on the Restricted Stock Units awarded per the Republic Services, Inc. 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The Company annually grants, as of the first business day in January, each non-management director a grant of restricted stock units \"RSUs\" pursuant to the Company's 2007 Stock Incentive Plan, as amended.  The grant is based on a value on the date of grant of $230,000, with the number of RSUs calculated based on the closing stock price of the Company's common stock on the date of grant.  The RSUs immediately vest, however, the director cannot convert any of the RSUs to Company common stock - based on 1 on 1 conversion - until the earlier of the last day of the month in which the three year anniversary of the date of the award occurs unless deferred by the director or the date on which the director incurs a separation from service within the meaning of Section 409A of the Internal Revenue Code."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"This annual grant of RSUs to a newly appointed director is prorated to the number of remaining days in the calendar year.  After any quarter in which dividends are distributed to shareholders, the director receives additional RSU equivalents.  Mr. Duffy was granted 1,160 RSUs as of 07/28/2020 \"Date of Grant\", based on the closing stock price of $85.34 as of the Date of Grant.  The RSUs are scheduled to convert to common stock as of 07/31/2023."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"This annual grant of RSUs to a newly appointed director is prorated to the number of remaining days in the calendar year.  After any quarter in which dividends are distributed to shareholders, the director receives additional RSU equivalents.  Mr. Duffy was granted 1,160 RSUs as of 07/28/2020 \"Date of Grant\", based on the closing stock price of $85.34 as of the Date of Grant.  The RSUs are scheduled to convert to common stock as of 07/31/2023."}],"balance_after":1160,"derivative":{"underlying":"Common Stock","underlying_shares":1160},"source":{"system":"sec-edgar","filing":"0001209191-20-044072","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1060391/000120919120044072/doc4.xml","form_type":"4"}}]}