Miran Maric - Feb 28, 2022 Form 3 Insider Report for ASBURY AUTOMOTIVE GROUP INC (ABG)

Signature
/s/George A. Villasana, Attorney In-Fact
Stock symbol
ABG
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
3
Date filed
3/2/2022, 04:23 PM
Next filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ABG Common Stock 2.91K Feb 28, 2022 Direct F1

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
holding ABG Performance Share Units Feb 28, 2022 Common Stock 523 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted share units. Each restricted share unit converts into one share of the Issuer's common stock upon vesting. Vesting will occur as follows: 341 shares will vest on February 3, 2023; 523 shares will vest on February 4, 2023; and 2,044 shares will vest on February 3, 2024.
F2 Represents performance share units. Each performance share unit converts into one share of the Issuer's common stock upon vesting. One-third of the performance share units granted on February 4, 2020 vested upon certification of the objectives having been met, which occurred on March 5, 2021, an additional one-third vested on February 4, 2022 and the remaining one-third vests on February 4, 2023.