Joseph T. Lower - 15 Feb 2022 Form 4 Insider Report for AUTONATION, INC. (AN)

Role
EVP & CFO
Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact
Issuer symbol
AN
Transactions as of
15 Feb 2022
Net transactions value
$0
Form type
4
Filing time
17 Feb 2022, 16:43:55 UTC
Next filing
03 Mar 2022

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 +16,616 $0.000000 16,616 15 Feb 2022 Common Stock, par value $0.01 per share 16,616 Direct F1
transaction AN Restricted Stock Units Award $0 +12,056 $0.000000 12,056 15 Feb 2022 Common Stock, par value $0.01 per share 12,056 Direct 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 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.
F2 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.