Michael Manley - Mar 1, 2024 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
Mar 1, 2024
Transactions value $
-$842,425
Form type
4
Date filed
3/5/2024, 06:13 PM
Previous filing
Nov 17, 2023
Next filing
Nov 4, 2024

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 +7.09K +21.31% 40.3K Mar 1, 2024 Direct F1
transaction AN Common Stock, par value $0.01 per share Options Exercise +7K +17.34% 47.3K Mar 1, 2024 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability -$842K -5.54K -11.71% $151.98 41.8K Mar 1, 2024 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 -7.09K -50% $0.00 7.09K Mar 1, 2024 Common Stock, par value $0.01 per share 7.09K Direct F1, F2
transaction AN Restricted Stock Units Options Exercise $0 -7K -33.33% $0.00 14K Mar 1, 2024 Common Stock, par value $0.01 per share 7K Direct F1, F3
transaction AN Restricted Stock Units Award $0 +23.8K $0.00 23.8K Mar 1, 2024 Common Stock, par value $0.01 per share 23.8K Direct F4
* 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 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.
F3 The reporting person received a grant of 20,985 restricted stock units on March 1, 2023. The restricted stock units 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.
F4 The restricted stock units were granted on March 1, 2024 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.