Joseph T. Lower - Nov 1, 2022 Form 4 Insider Report for AUTONATION, INC. (AN)

Role
EVP & CFO
Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact
Stock symbol
AN
Transactions as of
Nov 1, 2022
Transactions value $
-$265,183
Form type
4
Date filed
11/3/2022, 04:04 PM
Previous filing
Mar 3, 2022
Next filing
Feb 17, 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 +6.03K +20.68% 35.2K Nov 1, 2022 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability -$265K -2.37K -6.75% $111.75 32.8K Nov 1, 2022 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 -6.03K -50% $0.00 6.03K Nov 1, 2022 Common Stock, par value $0.01 per share 6.03K 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 12,056 restricted stock units on November 1, 2021. The restricted stock units vest in 50% annual increments on each of the first two anniversaries of November 1, 2021. 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.