SEC Form 4 · accession 0000350698-17-000043
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
Mar 13, 2017
Accepted (ET)
Mar 15, 2017 · 6:54 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 | Mar 13, 2017 | M | 30,270 | $35.00 | A | 80,270 | D | |
| Common Stock, par value $0.01 per shareF2,F1 | Mar 13, 2017 | S | 30,270 | $44.617 | D | 50,000 | D | |
| Common Stock, par value $0.01 per shareF1 | Mar 14, 2017 | M | 30,270 | $41.16 | A | 80,270 | D | |
| Common Stock, par value $0.01 per shareF3,F1 | Mar 14, 2017 | S | 30,270 | $44.7781 | D | 50,000 | D | |
| Common Stock, par value $0.01 per shareF1 | Mar 15, 2017 | M | 30,270 | $38.63 | A | 80,270 | D | |
| Common Stock, par value $0.01 per shareF1 | Mar 15, 2017 | M | 19,620 | $43.45 | A | 99,890 | D | |
| Common Stock, par value $0.01 per shareF4,F1 | Mar 15, 2017 | S | 48,846 | $45.0383 | D | 51,044 | D | |
| Common Stock, par value $0.01 per shareF5,F1 | Mar 15, 2017 | S | 1,044 | $45.6699 | 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)F6 | $35.00 | Mar 13, 2017 | M | 30,270 | D | — | Mar 1, 2022 | Common Stock, par value $0.01 per share | 30,270 | 0 | D |
| Employee Stock Option (right to buy)F6 | $41.16 | Mar 14, 2017 | M | 30,270 | D | — | Mar 1, 2022 | Common Stock, par value $0.01 per share | 30,270 | 0 | D |
| Employee Stock Option (right to buy)F6 | $38.63 | Mar 15, 2017 | M | 30,270 | D | — | Mar 1, 2022 | Common Stock, par value $0.01 per share | 30,270 | 0 | D |
| Employee Stock Option (right to buy)F7 | $43.45 | Mar 15, 2017 | M | 19,620 | D | — | Mar 1, 2023 | Common Stock, par value $0.01 per share | 19,620 | 6,540 | 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 $44.50 to $44.79. 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 $44.75 to $44.87. 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.
- F4This transaction was executed in multiple trades at prices ranging from $44.60 to $45.58. 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.
- F5This transaction was executed in multiple trades at prices ranging from $45.59 to $45.73. 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.
- F6The option became exercisable in 25% annual increments on each of the first four anniversaries of June 1, 2012.
- F7The portion of the option that was exercised became exercisable in equal annual increments on each of the first three anniversaries of June 1, 2013.