Michael Manley - Oct 31, 2023 Form 4 Insider Report for AUTONATION, INC. (AN)

Role
CEO and Director, Director
Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact
Stock symbol
AN
Transactions as of
Oct 31, 2023
Transactions value $
-$926,560
Form type
4
Date filed
11/2/2023, 04:08 PM
Previous filing
Jun 12, 2023
Next filing
Nov 17, 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 +18.1K +81.25% 40.4K Oct 31, 2023 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability -$927K -7.12K -17.64% $130.08 33.3K Oct 31, 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 -18.1K -50% $0.00 18.1K Oct 31, 2023 Common Stock, par value $0.01 per share 18.1K 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 54,303 restricted stock units on November 1, 2021. The restricted stock units vest in one-third annual increments on each of November 1, 2022, October 31, 2023 and October 31, 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.