SEC Form 4 · accession 0001144980-18-000072

ASBURY AUTOMOTIVE GROUP INC · ABG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Mar 12, 2018

Accepted (ET)

Mar 14, 2018 · 4:33 pm EDT

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 Stock^F1	Mar 12, 2018	M	16,022	$0.00	A	85,669	D
Common Stock^F2	Mar 12, 2018	F	7,427	$68.75	D	78,242	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Share Units^F3	—	Mar 12, 2018	A	32,045	A	—	—	Common Stock	32,045	32,045	D
Performance Share Units^F3	—	Mar 12, 2018	M	16,022	D	—	—	Common Stock	16,022	16,023	D

F1Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 8, 2017. This transaction represents the vesting of one half of this award.
F2Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of performance share units, and the conversion of such units into shares of the Issuer's common stock, granted on February 8, 2017.
F3Represents vesting of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 12, 2018. Each performance share unit converts into one share of the Issuer's common stock upon vesting. One half of the performance share units granted on February 8, 2017 vested upon certification of the objectives having been met, which occurred on March 12, 2018, and the remaining half vests on February 8, 2019.