Republic Services, Inc. (NYSE:RSG) Files An 8-K Submission of Matters to a Vote of Security Holders

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Republic Services, Inc. (NYSE:RSG) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders
On May 12, 2017, Republic Services, Inc. (“Republic” or the
Company) held its 2017 Annual Meeting of Shareholders. The
shareholders voted on the matters set forth below:
1. The nominees for election to the Board of Directors were
elected, each for a one-year term, based upon the following
votes:
Nominee
Votes For
Votes Against
Abstentions
Broker Non Votes
Manuel Kadre
296,504,963
1,575,440
81,620
14,249,509
Tomago Collins
297,844,393
237,970
79,660
14,249,509
William J. Flynn
297,876,899
209,527
75,597
14,249,509
Thomas W. Handley
297,886,945
198,622
76,456
14,249,509
Jennifer M. Kirk
297,915,728
177,449
68,846
14,249,509
Michael Larson
282,555,071
15,472,108
134,844
14,249,509
Ramon A. Rodriguez
291,310,841
6,768,673
82,509
14,249,509
Donald W. Slager
297,899,152
191,021
71,850
14,249,509
John M. Trani
297,865,999
218,527
77,497
14,249,509
Sandra M. Volpe
297,910,534
183,095
68,394
14,249,509
2. The proposal to approve the compensation of the Company’s
named executive officers was approved based upon the following
advisory, non-binding votes:
Votes for
291,470,970
Votes against
6,003,336
Abstentions
687,717
Broker non-votes
14,249,509
3. The shareholders recommended that we conduct future advisory
votes on named executive compensation every one year based upon
the following advisory, non-binding votes:
Every one year
275,596,367
Every two years
243,445
Every three years
22,193,309
Abstentions
128,902
Broker non-votes
14,249,509
4. The proposal to ratify the appointment of Ernst Young LLP as
the Companys independent registered public accounting firm for
2017 was approved based upon the following votes:
Votes for
309,256,563
Votes against
3,075,454
Abstentions
79,515
Broker non-votes
An Arizona statute, on its face, applies to any public company
that is headquartered in Arizona, has assets of at least $1
million in Arizona and has more than 500 Arizona employees. The
statute provides that if a person or group acquires 20% or more
of the stock of such a company, the shares in excess of the 20%
threshold may not be voted on matters other than the election of
directors (subject to limited exceptions). In a 2007 decision, a
federal court in Arizona stated that the statute is
unconstitutional and unenforceable in the case of an entity, like
Republic, that is incorporated in Delaware. If the statute were
deemed to be enforceable and applicable to us and to the shares
of our common stock held by Cascade Investment, L.L.C. (Cascade)
(which held approximately 32.1% of our common stock as of the
record date for the Annual Meeting), approximately 41 million
fewer shares would have been voted for each of proposals two
through four, but the outcome of the decisions on those matters
would not have been impacted. The Company does not currently take
any position regarding the enforceability of the statute or its
application to us or the common stock voted by Cascade.


About Republic Services, Inc. (NYSE:RSG)

Republic Services, Inc. is a provider of non-hazardous solid waste collection, transfer, disposal, recycling and energy services in the United States. The Company operates through three segments: East, Central and West. The Company operates in over 40 states and Puerto Rico through approximately 340 collection operations, over 200 transfer stations, over 190 active landfills, approximately 70 recycling centers, approximately 10 treatment, recovery and disposal facilities, and over 10 salt water disposal wells. It also operates approximately 70 landfill gas and renewable energy projects. It has post-closure responsibility for approximately 130 closed landfills. The Company provides residential, small-container commercial and large-container industrial solid waste collection services. Its residential collection business involves the curbside collection of waste for transport to transfer stations, or directly to landfills or recycling centers.

Republic Services, Inc. (NYSE:RSG) Recent Trading Information

Republic Services, Inc. (NYSE:RSG) closed its last trading session down -0.66 at 62.68 with 1,206,384 shares trading hands.