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

Role: CEO and Director, Director
Signature: /s/ C. Coleman Edmunds, Attorney-in-Fact
Stock symbol: AN
Transactions as of: Jul 14, 2021
Transactions value $: -$550,616
Form type: 4
Date filed: 7/16/2021, 05:01 PM
Previous filing: May 11, 2021
Next filing: Jul 23, 2021

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		+11.3K	+10.32%		121K	Jul 14, 2021	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Tax liability	-$551K	-5.23K	-4.34%	$105.22	115K	Jul 14, 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	-11.3K	-25%	$0.00	33.8K	Jul 14, 2021	Common Stock, par value $0.01 per share	11.3K		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.