Christopher Cade - Dec 12, 2022 Form 4 Insider Report for AUTONATION, INC. (AN)

Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact
Stock symbol
AN
Transactions as of
Dec 12, 2022
Transactions value $
-$81,474
Form type
4
Date filed
12/15/2022, 04:13 PM
Previous filing
Apr 28, 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 Tax liability -$15.7K -134 -3.74% $117.06 3.45K Dec 12, 2022 Common Stock, par value $0.01 per share 134 Direct F1, F2, F3
transaction AN Restricted Stock Units Tax liability -$24.8K -212 -3.73% $117.06 5.47K Dec 12, 2022 Common Stock, par value $0.01 per share 212 Direct F1, F2, F4
transaction AN Restricted Stock Units Tax liability -$21.5K -184 -3.74% $117.06 4.74K Dec 12, 2022 Common Stock, par value $0.01 per share 184 Direct F1, F2, F5
transaction AN Restricted Stock Units Tax liability -$19.4K -166 -3.75% $117.06 4.26K Dec 12, 2022 Common Stock, par value $0.01 per share 166 Direct F1, F2, F6
* 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 the registrant's common stock or at the registrant's election, the cash value thereof.
F2 Reflects the withholding of restricted stock units by AutoNation to satisfy FICA and related income tax obligations arising from the reporting person being eligible for retirement treatment.
F3 The reporting person received a grant of 14,330 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 11,355 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 6,559 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.
F6 The reporting person received a grant of 4,430 restricted stock units on March 1, 2022. The restricted stock units vest in 25% annual increments on each of the first four anniversaries of March 1, 2022. Each restricted stock unit represents a contingent right to receive one share of AutoNation common stock, or at AutoNation's election, the cash value hereof.