Michael Mark Manley - 01 Mar 2023 Form 4 Insider Report for AUTONATION, INC. (AN)

Role
CEO and Director, Director
Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact
Issuer symbol
AN
Transactions as of
01 Mar 2023
Net transactions value
-$382,900
Form type
4
Filing time
03 Mar 2023, 15:21:30 UTC
Previous filing
14 Feb 2023
Next filing
12 Jun 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 +7,089 +65% 18,067 01 Mar 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability $382,900 -2,790 -15% $137.24 15,277 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 -7,089 -33% $0.000000 14,176 01 Mar 2023 Common Stock, par value $0.01 per share 7,089 Direct F1, F2
transaction AN Restricted Stock Units Award $0 +20,985 $0.000000 20,985 01 Mar 2023 Common Stock, par value $0.01 per share 20,985 Direct F1, F3
* 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 21,265 restricted stock units on March 1, 2022. The restricted stock units vest in one-third annual increments on each of the first three 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.
F3 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.