Marc G. Cannon - Mar 1, 2023 Form 4 Insider Report for AUTONATION, INC. (AN)

Role: EVP & Chief Cust Exp Officer
Signature: /s/ C. Coleman Edmunds, Attorney-in-Fact
Stock symbol: AN
Transactions as of: Mar 1, 2023
Transactions value $: -$938,859
Form type: 4
Date filed: 3/3/2023, 03:09 PM
Previous filing: Feb 23, 2023
Next filing: Mar 10, 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	Options Exercise		+5.26K	+32.61%		21.4K	Mar 1, 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+4.92K	+23.03%		26.3K	Mar 1, 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+1.04K	+3.95%		27.3K	Mar 1, 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+3.94K	+14.4%		31.3K	Mar 1, 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+2.66K	+8.5%		33.9K	Mar 1, 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Tax liability	-$939K	-6.84K	-20.17%	$137.24	27.1K	Mar 1, 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	-5.26K	-100%	$0.00^*	0	Mar 1, 2023	Common Stock, par value $0.01 per share	5.26K		Direct	F1, F2
transaction	AN	Restricted Stock Units	Options Exercise	$0	-4.92K	-50%	$0.00	4.92K	Mar 1, 2023	Common Stock, par value $0.01 per share	4.92K		Direct	F1, F3
transaction	AN	Restricted Stock Units	Options Exercise	$0	-1.04K	-49.98%	$0.00	1.04K	Mar 1, 2023	Common Stock, par value $0.01 per share	1.04K		Direct	F1, F4
transaction	AN	Restricted Stock Units	Options Exercise	$0	-3.94K	-33.33%	$0.00	7.87K	Mar 1, 2023	Common Stock, par value $0.01 per share	3.94K		Direct	F1, F5
transaction	AN	Restricted Stock Units	Options Exercise	$0	-2.66K	-25%	$0.00	7.97K	Mar 1, 2023	Common Stock, par value $0.01 per share	2.66K		Direct	F1, F6
transaction	AN	Restricted Stock Units	Award	$0	+5.25K		$0.00	5.25K	Mar 1, 2023	Common Stock, par value $0.01 per share	5.25K		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.