C. Coleman Edmunds - Feb 15, 2023 Form 4 Insider Report for AUTONATION, INC. (AN)

Signature
/s/ C. Coleman Edmunds
Stock symbol
AN
Transactions as of
Feb 15, 2023
Transactions value $
-$774,100
Form type
4
Date filed
2/17/2023, 03:59 PM
Previous filing
Nov 3, 2022
Next filing
Feb 23, 2023

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 Award $0 +13.9K +61.29% $0.00 36.7K Feb 15, 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability -$774K -5.51K -15.03% $140.49 31.2K Feb 15, 2023 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 Award $0 +8.27K $0.00 8.27K Feb 15, 2023 Common Stock, par value $0.01 per share 8.27K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of shares upon the achievement of applicable performance goals, which were certified by the registrant's Compensation Committee on February 15, 2023, pursuant to the terms of certain performance-based restricted stock units granted on March 2, 2020.
F2 The restricted stock units were granted on March 1, 2022, subject to the satisfaction of a performance goal, which was certified by the registrant's Compensation Committee on February 15, 2023. The restricted stock units will 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 the registrant's common stock or at the registrant's election, the cash value thereof.