SEC Form 4 · accession 0001144980-15-000041
ASBURY AUTOMOTIVE GROUP INC · ABG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig T Monaghan
Officer — President & CEO · Director
Period of report
Nov 26, 2014
Accepted (ET)
Feb 9, 2015 · 5:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001144980
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 26, 2014 | G | 13,190 | $0.00 | D | 96,293 | D | |
| Common StockF2 | Feb 5, 2015 | A | 14,118 | $0.00 | A | 110,411 | D | |
| Common StockF3 | Feb 5, 2015 | F | 3,246 | $77.92 | D | 107,165 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were gifted to the Monaghan Foundation, Inc., a Georgia nonprofit corporation (the "Foundation"), organized exclusively for charitable, religious, educational and scientific purposess within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. The reporting person serves as the Chairman and Chief Executive Officer of the Foundation and, therefore, is deemed to have voting and dispositive control over the shares.
- F2Mr. Monaghan was granted a restricted stock award under the Issuer's 2012 Equity Incentive Plan. Vesting will occur annually in three equal installments over a period of three years beginning on the first anniversary of the grant date.
- F3Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of shares of restricted stock granted on February 4, 2015.