SEC Form 4 · accession 0000350698-18-000106
AUTONATION, INC. · AN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Jackson
Officer — Chairman, CEO & President · Director
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 5:52 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 share | Jun 15, 2018 | M | 33,006 | $18.02 | A | 164,107 | D | |
| Common Stock, par value $0.01 per shareF1 | Jun 15, 2018 | S | 33,006 | $49.3579 | D | 131,101 | 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 | $18.02 | Jun 15, 2018 | M | 33,006 | D | — | Mar 2, 2019 | Common Stock, par value $0.01 per share | 33,006 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $49.32 to $49.4850. 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, 2009.