James R. Bender - 01 Mar 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: 01 Mar 2022
Net transactions value: -$756,162
Form type: 4
Filing time: 03 Mar 2022, 17:47:50 UTC
Previous filing: 17 Feb 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	Options Exercise		+1,144	+6.4%		18,945	01 Mar 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+5,254	+28%		24,199	01 Mar 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+4,921	+20%		29,120	01 Mar 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+1,298	+4.5%		30,418	01 Mar 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+4,372	+14%		34,790	01 Mar 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Tax liability	$756,162	-6,700	-19%	$112.86	28,090	01 Mar 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	-1,144	-100%	$0.000000^*	0	01 Mar 2022	Common Stock, par value $0.01 per share	1,144		Direct	F1, F2
transaction	AN	Restricted Stock Units	Options Exercise	$0	-5,254	-50%	$0.000000	5,255	01 Mar 2022	Common Stock, par value $0.01 per share	5,254		Direct	F1, F3
transaction	AN	Restricted Stock Units	Options Exercise	$0	-4,921	-33%	$0.000000	9,842	01 Mar 2022	Common Stock, par value $0.01 per share	4,921		Direct	F1, F4
transaction	AN	Restricted Stock Units	Options Exercise	$0	-1,298	-33%	$0.000000	2,596	01 Mar 2022	Common Stock, par value $0.01 per share	1,298		Direct	F1, F5
transaction	AN	Restricted Stock Units	Options Exercise	$0	-4,372	-25%	$0.000000	13,119	01 Mar 2022	Common Stock, par value $0.01 per share	4,372		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.