Abrams Capital Management, L.P. - Jul 28, 2023 Form 3 Insider Report for ASBURY AUTOMOTIVE GROUP INC (ABG)

Role
10%+ Owner
Signature
/s/ Abrams Capital Management, L.P., by Abrams Capital Management, LLC, the General Partner, by David C. Abrams, Managing Member
Stock symbol
ABG
Transactions as of
Jul 28, 2023
Transactions value $
$0
Form type
3
Date filed
8/3/2023, 07:06 PM
Next filing
Apr 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ABG Common Stock 2.12M Jul 28, 2023 See Footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares reported herein as beneficially owned by Abrams Capital, LLC ("Abrams Capital") represent shares held for the account of certain private investment funds for which Abrams Capital serves as general partner. Shares reported herein for Abrams Capital Management, L.P. (the "LP") and Abrams Capital Management, LLC (the "LLC") represent the above-referenced shares beneficially owned by Abrams Capital and shares beneficially owned by another private investment fund for which the LP serves as investment manager. The LLC is the general partner of the LP. Shares reported herein for Mr. Abrams represent the above referenced shares reported for Abrams Capital and the LLC and shares that Mr. Abrams owns personally. Mr. Abrams is the managing member of Abrams Capital and the LLC.
F2 Each Reporting Person disclaims beneficial ownership of the reported shares except to the extent of its or his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F3 As of July 28, 2023, Abrams Capital may have been deemed to beneficially own 2,025,144 of the shares reported herein, the LP and the LLC may have been deemed to beneficially own 2,108,540 of the shares reported herein, and Mr. Abrams may have been deemed to beneficially own all of the shares reported herein.