SEC Form 4 · accession 0000350698-15-000087
AUTONATION, INC. · AN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan P Ferrando
Officer — EVP - GC, Corp Dev & HR
Period of report
Apr 23, 2015
Accepted (ET)
Apr 27, 2015 · 5:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350698
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Apr 23, 2015 | M | 30,000 | $18.02 | A | 80,000 | D | |
| Common Stock, par value $0.01 per shareF2,F1 | Apr 23, 2015 | S | 30,000 | $65.3585 | D | 50,000 | D | |
| Common Stock, par value $0.01 per shareF1 | Apr 24, 2015 | M | 5,000 | $18.02 | A | 55,000 | D | |
| Common Stock, par value $0.01 per shareF3,F1 | Apr 24, 2015 | S | 5,000 | $65.018 | D | 50,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $18.02 | Apr 23, 2015 | M | 30,000 | D | — | Mar 2, 2019 | Common Stock, par value $0.01 per share | 30,000 | 9,938 | D |
| Employee Stock Option (right to buy)F4 | $18.02 | Apr 24, 2015 | M | 5,000 | D | — | Mar 2, 2019 | Common Stock, par value $0.01 per share | 5,000 | 4,938 | D |
Explanation of responses
- F1Includes 33,000 shares owned by the reporting person and his wife as tenants by the entirety.
- F2This transaction was executed in multiple trades at prices ranging from $65 to $65.83. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F3This transaction was executed in multiple trades at prices ranging from $65 to $65.065. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F4The option became exercisable in 25% annual increments on each of the first four anniversaries of June 1, 2009.