Michael Mark 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

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.