Michael Mark Manley - 31 Oct 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: 31 Oct 2023
Net transactions value: -$926,560
Form type: 4
Filing time: 02 Nov 2023, 16:08:48 UTC
Previous filing: 12 Jun 2023
Next filing: 17 Nov 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		+18,101	+81%		40,378	31 Oct 2023	Direct	F1
transaction	AN	Common Stock, par value $0.01 per share	Tax liability	$926,560	-7,123	-18%	$130.08	33,255	31 Oct 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	-18,101	-50%	$0.000000	18,101	31 Oct 2023	Common Stock, par value $0.01 per share	18,101		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.