Marc G. Cannon - Feb 15, 2022 Form 4 Insider Report for AUTONATION, INC. (AN)

Role
EVP & Chief Cust Exp Officer
Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact
Stock symbol
AN
Transactions as of
Feb 15, 2022
Transactions value $
-$649,360
Form type
4
Date filed
2/17/2022, 04:38 PM
Previous filing
Aug 2, 2021
Next filing
Mar 3, 2022

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 +15.1K +118.35% $0.00 27.9K Feb 15, 2022 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability -$649K -5.96K -21.39% $108.88 21.9K Feb 15, 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 +15.7K $0.00 15.7K Feb 15, 2022 Common Stock, par value $0.01 per share 15.7K Direct F2
transaction AN Restricted Stock Units Award $0 +11.4K $0.00 11.4K Feb 15, 2022 Common Stock, par value $0.01 per share 11.4K Direct F3
* 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 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.