James R. Bender - Mar 1, 2022 Form 4 Insider Report for AUTONATION, INC. (AN)

Role: President and COO
Signature: /s/ C. Coleman Edmunds, Attorney-in-Fact
Stock symbol: AN
Transactions as of: Mar 1, 2022
Transactions value $: -$756,162
Form type: 4
Date filed: 3/3/2022, 05:47 PM
Previous filing: Feb 17, 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	Options Exercise		+1.14K	+6.43%		18.9K	Mar 1, 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+5.25K	+27.73%		24.2K	Mar 1, 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+4.92K	+20.34%		29.1K	Mar 1, 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+1.3K	+4.46%		30.4K	Mar 1, 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+4.37K	+14.37%		34.8K	Mar 1, 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Tax liability	-$756K	-6.7K	-19.26%	$112.86	28.1K	Mar 1, 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	Options Exercise	$0	-1.14K	-100%	$0.00^*	0	Mar 1, 2022	Common Stock, par value $0.01 per share	1.14K		Direct	F1, F2
transaction	AN	Restricted Stock Units	Options Exercise	$0	-5.25K	-50%	$0.00	5.26K	Mar 1, 2022	Common Stock, par value $0.01 per share	5.25K		Direct	F1, F3
transaction	AN	Restricted Stock Units	Options Exercise	$0	-4.92K	-33.33%	$0.00	9.84K	Mar 1, 2022	Common Stock, par value $0.01 per share	4.92K		Direct	F1, F4
transaction	AN	Restricted Stock Units	Options Exercise	$0	-1.3K	-33.33%	$0.00	2.6K	Mar 1, 2022	Common Stock, par value $0.01 per share	1.3K		Direct	F1, F5
transaction	AN	Restricted Stock Units	Options Exercise	$0	-4.37K	-25%	$0.00	13.1K	Mar 1, 2022	Common Stock, par value $0.01 per share	4.37K		Direct	F1, F6

* 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 4,576 restricted stock units on March 1, 2018. The restricted stock units vested in 25% annual increments on each of the first four anniversaries of March 1, 2018. 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.
F3	The reporting person received a grant of 21,018 restricted stock units on March 1, 2019. The restricted stock units vest in 25% annual increments on each of the first four anniversaries of March 1, 2019. 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.
F4	The reporting person received a grant of 19,683 restricted stock units on March 2, 2020. The restricted stock units vest in 25% annual increments on each of March 2, 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.
F5	The reporting person received a grant of 5,191 restricted stock units on July 20, 2020. The restricted stock units vest in 25% annual increments on each of July 20, 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.
F6	The reporting person received a grant of 17,491 restricted stock units on March 1, 2021. The restricted stock units 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 AutoNation common stock, or at AutoNation's election, the cash value thereof.