Joseph T. Lower - 01 Mar 2023 Form 4 Insider Report for AUTONATION, INC. (AN)

Role
EVP & CFO
Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact
Issuer symbol
AN
Transactions as of
01 Mar 2023
Net transactions value
-$1,477,526
Form type
4
Filing time
03 Mar 2023, 15:19:45 UTC
Previous filing
23 Feb 2023
Next filing
27 Jul 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 +13,435 +69% 32,921 01 Mar 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Options Exercise +6,813 +21% 39,734 01 Mar 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Options Exercise +4,154 +10% 43,888 01 Mar 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Options Exercise +2,953 +6.7% 46,841 01 Mar 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability $1,477,526 -10,766 -23% $137.24 36,075 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 -13,435 -100% $0.000000* 0 01 Mar 2023 Common Stock, par value $0.01 per share 13,435 Direct F1, F2
transaction AN Restricted Stock Units Options Exercise $0 -6,813 -50% $0.000000 6,814 01 Mar 2023 Common Stock, par value $0.01 per share 6,813 Direct F1, F3
transaction AN Restricted Stock Units Options Exercise $0 -4,154 -33% $0.000000 8,308 01 Mar 2023 Common Stock, par value $0.01 per share 4,154 Direct F1, F4
transaction AN Restricted Stock Units Options Exercise $0 -2,953 -25% $0.000000 8,861 01 Mar 2023 Common Stock, par value $0.01 per share 2,953 Direct F1, F5
transaction AN Restricted Stock Units Award $0 +5,830 $0.000000 5,830 01 Mar 2023 Common Stock, par value $0.01 per share 5,830 Direct F1, 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 AutoNation common stock, or at AutoNation's election, the cash value thereof.
F2 The reporting person received a grant of 40,305 restricted stock units on January 13, 2020. The restricted stock units vested in one-third annual increments on each of March 1, 2021, March 1, 2022 and March 1, 2023. 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 27,254 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 16,616 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 11,814 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.