Marc G. Cannon - 01 Mar 2023 Form 4 Insider Report for AUTONATION, INC. (AN)

Role
EVP & Chief Cust Exp Officer
Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact
Issuer symbol
AN
Transactions as of
01 Mar 2023
Net transactions value
-$938,859
Form type
4
Filing time
03 Mar 2023, 15:09:09 UTC
Previous filing
23 Feb 2023
Next filing
10 Mar 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 +5,255 +33% 21,368 01 Mar 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Options Exercise +4,921 +23% 26,289 01 Mar 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Options Exercise +1,038 +3.9% 27,327 01 Mar 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Options Exercise +3,935 +14% 31,262 01 Mar 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Options Exercise +2,658 +8.5% 33,920 01 Mar 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability $938,859 -6,841 -20% $137.24 27,079 01 Mar 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 Options Exercise $0 -5,255 -100% $0.000000* 0 01 Mar 2023 Common Stock, par value $0.01 per share 5,255 Direct F1, F2
transaction AN Restricted Stock Units Options Exercise $0 -4,921 -50% $0.000000 4,921 01 Mar 2023 Common Stock, par value $0.01 per share 4,921 Direct F1, F3
transaction AN Restricted Stock Units Options Exercise $0 -1,038 -50% $0.000000 1,039 01 Mar 2023 Common Stock, par value $0.01 per share 1,038 Direct F1, F4
transaction AN Restricted Stock Units Options Exercise $0 -3,935 -33% $0.000000 7,871 01 Mar 2023 Common Stock, par value $0.01 per share 3,935 Direct F1, F5
transaction AN Restricted Stock Units Options Exercise $0 -2,658 -25% $0.000000 7,974 01 Mar 2023 Common Stock, par value $0.01 per share 2,658 Direct F1, F6
transaction AN Restricted Stock Units Award $0 +5,246 $0.000000 5,246 01 Mar 2023 Common Stock, par value $0.01 per share 5,246 Direct F1, F7
* 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 21,018 restricted stock units on March 1, 2019. The restricted stock units vested in 25% annual increments on each of the first four anniversaries of March 1, 2019. Each restricted stock unit represented 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 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.
F4 The reporting person received a grant of 4,153 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.
F5 The reporting person received a grant of 15,741 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 10,632 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 thereof.
F7 The restricted stock units were granted on March 1, 2023 and will vest in one-third annual increments on each of the first three anniversaries of the grant date. 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.