Kimberly Dees - Mar 1, 2023 Form 4 Insider Report for AUTONATION, INC. (AN)

Role: SVP & CAO
Signature: /s/ C. Coleman Edmunds, Attorney-in-Fact
Stock symbol: AN
Transactions as of: Mar 1, 2023
Transactions value $: -$185,960
Form type: 4
Date filed: 3/3/2023, 03:11 PM
Previous filing: Jan 5, 2023
Next filing: Mar 5, 2024

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		+1.34K	+12218.18%		1.36K	Mar 1, 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+1.06K	+78.52%		2.42K	Mar 1, 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+615	+25.42%		3.03K	Mar 1, 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Options Exercise		+415	+13.68%		3.45K	Mar 1, 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Tax liability	-$186K	-1.36K	-39.29%	$137.24	2.09K	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	-1.34K	-100%	$0.00^*	0	Mar 1, 2023	Common Stock, par value $0.01 per share	1.34K		Direct	F1, F2
transaction	AN	Restricted Stock Units	Options Exercise	$0	-1.06K	-49.98%	$0.00	1.07K	Mar 1, 2023	Common Stock, par value $0.01 per share	1.06K		Direct	F1, F3
transaction	AN	Restricted Stock Units	Options Exercise	$0	-615	-33.33%	$0.00	1.23K	Mar 1, 2023	Common Stock, par value $0.01 per share	615		Direct	F1, F4
transaction	AN	Restricted Stock Units	Options Exercise	$0	-415	-24.98%	$0.00	1.25K	Mar 1, 2023	Common Stock, par value $0.01 per share	415		Direct	F1, F5
transaction	AN	Restricted Stock Units	Award	$0	+1.17K		$0.00	1.17K	Mar 1, 2023	Common Stock, par value $0.01 per share	1.17K		Direct	F1, F6

* 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 5,374 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 4,258 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 2,459 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.
F5	The reporting person received a grant of 1,661 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.
F6	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.