Joseph T. Lower - Mar 1, 2022 Form 4 Insider Report for AUTONATION, INC. (AN)

Role
EVP & CFO
Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact
Stock symbol
AN
Transactions as of
Mar 1, 2022
Transactions value $
-$1,083,907
Form type
4
Date filed
3/3/2022, 05:54 PM
Previous filing
Feb 17, 2022
Next filing
Nov 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 Options Exercise +13.4K +93.62% 27.8K Mar 1, 2022 Direct F1
transaction AN Common Stock, par value $0.01 per share Options Exercise +6.81K +24.52% 34.6K Mar 1, 2022 Direct F1
transaction AN Common Stock, par value $0.01 per share Options Exercise +4.15K +12.01% 38.8K Mar 1, 2022 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability -$1.08M -9.6K -24.78% $112.86 29.1K 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 -13.4K -50% $0.00 13.4K Mar 1, 2022 Common Stock, par value $0.01 per share 13.4K Direct F1, F2
transaction AN Restricted Stock Units Options Exercise $0 -6.81K -33.33% $0.00 13.6K Mar 1, 2022 Common Stock, par value $0.01 per share 6.81K Direct F1, F3
transaction AN Restricted Stock Units Options Exercise $0 -4.15K -25% $0.00 12.5K Mar 1, 2022 Common Stock, par value $0.01 per share 4.15K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The reporting person received a grant of 40,305 restricted stock units on January 13, 2020. The restricted stock units vest in one-third annual increments on each of March 1, 2021, March 1, 2022 and March 1, 2023. 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 27,254 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.
F4 The reporting person received a grant of 16,616 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.