Michael Mark Manley - 01 Nov 2022 Form 4 Insider Report for AUTONATION, INC. (AN)

Role: CEO and Director, Director
Signature: /s/ C. Coleman Edmunds, Attorney-in-Fact
Issuer symbol: AN
Transactions as of: 01 Nov 2022
Net transactions value: -$795,995
Form type: 4
Filing time: 03 Nov 2022, 16:05:25 UTC
Previous filing: 03 Mar 2022
Next filing: 14 Feb 2023
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		+18,101			18,101	01 Nov 2022	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Tax liability	$795,995	-7,123	-39%	$111.75	10,978	01 Nov 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	-18,101	-33%	$0.000000	36,202	01 Nov 2022	Common Stock, par value $0.01 per share	18,101		Direct	F1, 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 converted into shares of AutoNation common stock on a one-for-one basis.
F2	The reporting person received a grant of 54,303 restricted stock units on November 1, 2021. The restricted stock units vest in one-third annual increments on each of November 1, 2022, October 31, 2023 and October 31, 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.