SEC Form 4 · accession 0000350698-17-000127
AUTONATION, INC. · AN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance E Iserman
Officer — EVP, Sales & COO
Period of report
Nov 10, 2017
Accepted (ET)
Nov 14, 2017 · 5:46 pm EST
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 share | Nov 10, 2017 | M | 313 | $34.09 | A | 4,860 | D | |
| Common Stock, par value $0.01 per share | Nov 10, 2017 | M | 313 | $35.00 | A | 5,173 | D | |
| Common Stock, par value $0.01 per share | Nov 10, 2017 | M | 313 | $41.16 | A | 5,486 | D | |
| Common Stock, par value $0.01 per share | Nov 10, 2017 | M | 313 | $38.63 | A | 5,799 | D | |
| Common Stock, par value $0.01 per share | Nov 10, 2017 | M | 1,083 | $43.45 | A | 6,882 | D | |
| Common Stock, par value $0.01 per share | Nov 10, 2017 | M | 1,083 | $46.22 | A | 7,965 | D | |
| Common Stock, par value $0.01 per share | Nov 10, 2017 | M | 1,083 | $47.25 | A | 9,048 | D | |
| Common Stock, par value $0.01 per share | Nov 10, 2017 | M | 1,083 | $48.80 | A | 10,131 | D | |
| Common Stock, par value $0.01 per shareF1 | Nov 10, 2017 | S | 5,886 | $52.4588 | D | 4,245 | 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)F2 | $34.09 | Nov 10, 2017 | M | 313 | D | — | Mar 1, 2022 | Common Stock, par value $0.01 per share | 313 | 0 | D |
| Employee Stock Option (right to buy)F2 | $35.00 | Nov 10, 2017 | M | 313 | D | — | Mar 1, 2022 | Common Stock, par value $0.01 per share | 313 | 0 | D |
| Employee Stock Option (right to buy)F2 | $41.16 | Nov 10, 2017 | M | 313 | D | — | Mar 1, 2022 | Common Stock, par value $0.01 per share | 313 | 0 | D |
| Employee Stock Option (right to buy)F2 | $38.63 | Nov 10, 2017 | M | 313 | D | — | Mar 1, 2022 | Common Stock, par value $0.01 per share | 313 | 0 | D |
| Employee Stock Option (right to buy)F3 | $43.45 | Nov 10, 2017 | M | 1,083 | D | — | Mar 1, 2023 | Common Stock, par value $0.01 per share | 1,083 | 0 | D |
| Employee Stock Option (right to buy)F3 | $46.22 | Nov 10, 2017 | M | 1,083 | D | — | Mar 1, 2023 | Common Stock, par value $0.01 per share | 1,083 | 0 | D |
| Employee Stock Option (right to buy)F3 | $47.25 | Nov 10, 2017 | M | 1,083 | D | — | Mar 1, 2023 | Common Stock, par value $0.01 per share | 1,083 | 0 | D |
| Employee Stock Option (right to buy)F3 | $48.80 | Nov 10, 2017 | M | 1,083 | D | — | Mar 1, 2023 | Common Stock, par value $0.01 per share | 1,083 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $52.3538 to $52.49. 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.
- F2The option became exercisable in 25% annual increments on each of the first four anniversaries of June 1, 2012.
- F3The option became exercisable in 25% annual increments on each of the first four anniversaries of June 1, 2013.