James R. Bender - 15 Feb 2022 Form 4 Insider Report for AUTONATION, INC. (AN)

Role
President and COO
Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact
Issuer symbol
AN
Transactions as of
15 Feb 2022
Net transactions value
-$628,238
Form type
4
Filing time
17 Feb 2022, 16:34:27 UTC
Previous filing
10 Aug 2021
Next filing
03 Mar 2022
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 Award $0 +15,112 +179% $0.000000 23,571 15 Feb 2022 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability $628,238 -5,770 -24% $108.88 17,801 15 Feb 2022 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 Award $0 +17,491 $0.000000 17,491 15 Feb 2022 Common Stock, par value $0.01 per share 17,491 Direct F2
transaction AN Restricted Stock Units Award $0 +4,909 $0.000000 4,909 15 Feb 2022 Common Stock, par value $0.01 per share 4,909 Direct F3
transaction AN Restricted Stock Units Award $0 +19,036 $0.000000 19,036 15 Feb 2022 Common Stock, par value $0.01 per share 19,036 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of shares upon the achievement of applicable performance goals, which were certified by the registrant's Compensation Committee on February 15, 2022, pursuant to the terms of certain performance-based restricted stock units granted on March 1, 2019.
F2 The restricted stock units were granted on March 1, 2021, subject to the satisfaction of a performance goal, which was certified by the registrant's Compensation Committee on February 15, 2022. The restricted stock units will vest in 25% annual increments on each of the first four anniversaries of March 1, 2021. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof.
F3 The restricted stock units were granted on July 19, 2021, subject to the satisfaction of a performance goal, which was certified by the registrant's Compensation Committee on February 15, 2022. The restricted stock units will vest in 25% annual increments on each of July 19, 2022, March 1, 2023, March 1, 2024 and March 1, 2025. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof.
F4 The restricted stock units were granted on November 1, 2021, subject to the satisfaction of a performance goal, which was certified by the registrant's Compensation Committee on February 15, 2022. The restricted stock units will vest in 50% annual increments on each of the first two anniversaries of November 1, 2021. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof.