Michael Mark Manley - Nov 1, 2022 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
Nov 1, 2022
Transactions value $
-$795,995
Form type
4
Date filed
11/3/2022, 04:05 PM
Previous filing
Mar 3, 2022
Next filing
Feb 14, 2023

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 +18.1K 18.1K Nov 1, 2022 Direct F1
transaction AN Common Stock, par value $0.01 per share Tax liability -$796K -7.12K -39.35% $111.75 11K 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 -18.1K -33.33% $0.00 36.2K Nov 1, 2022 Common Stock, par value $0.01 per share 18.1K 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.