SEC Form 4 · accession 0000350698-18-000116
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
Aug 3, 2018
Accepted (ET)
Aug 7, 2018 · 5:02 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 | Aug 3, 2018 | M | 37,104 | $18.20 | A | 168,205 | D | |
| Common Stock, par value $0.01 per shareF1 | Aug 3, 2018 | S | 37,104 | $46.6041 | 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 | $18.20 | Aug 3, 2018 | M | 37,104 | D | — | Mar 1, 2020 | Common Stock, par value $0.01 per share | 37,104 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $46.18 to $46.75. 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, 2010.