Steve Kwak - Mar 8, 2023 Form 4 Insider Report for AUTONATION, INC. (AN)

Role: COO Franchised Business
Signature: /s/ C. Coleman Edmunds, Attorney-in-Fact
Stock symbol: AN
Transactions as of: Mar 8, 2023
Transactions value $: -$70,125
Form type: 4
Date filed: 3/10/2023, 03:15 PM
Previous filing: Mar 3, 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		+985	+13.2%		8.45K	Mar 8, 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Tax liability	-$70.1K	-492	-5.82%	$142.53	7.96K	Mar 8, 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	-985	-33.36%	$0.00	1.97K	Mar 8, 2023	Common Stock, par value $0.01 per share	985		Direct	F1, F2

* 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 2,953 restricted stock units on March 8, 2022. The restricted stock units vest in one-third annual increments on each of March 8, 2023, March 1, 2024, and March 1, 2025. 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.