JACKSON MICHAEL J - 14 Jul 2021 Form 4 Insider Report for AUTONATION, INC. (AN)

Role: CEO and Director, Director
Signature: /s/ C. Coleman Edmunds, Attorney-in-Fact
Issuer symbol: AN
Transactions as of: 14 Jul 2021
Net transactions value: -$550,616
Form type: 4
Filing time: 16 Jul 2021, 17:01:33 UTC
Previous filing: 11 May 2021
Next filing: 23 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+11,275	+10%		120,518	14 Jul 2021	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Tax liability	$550,616	-5,233	-4.3%	$105.22	115,285	14 Jul 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AN	Restricted Stock Units	Options Exercise	$0	-11,275	-25%	$0.000000	33,825	14 Jul 2021	Common Stock, par value $0.01 per share	11,275		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units converted into shares of AutoNation common stock on a one-for-one basis.
F2	The reporting person received a grant of 45,100 restricted stock units on July 14, 2020. The restricted stock units vest in 25% annual increments on each of July 14, 2021, March 1, 2022, March 1, 2023 and March 1, 2024. Each restricted stock unit represents a contingent right to receive one share of AutoNation common stock, or at AutoNation's election, the cash value thereof.