SEC Form 4 · accession 0000350698-18-000137
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
Nov 1, 2018
Accepted (ET)
Nov 5, 2018 · 5:05 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 1, 2018 | M | 37,104 | $19.64 | A | 168,205 | D | |
| Common Stock, par value $0.01 per shareF1 | Nov 1, 2018 | S | 37,104 | $40.7596 | D | 131,101 | D | |
| Common Stock, par value $0.01 per share | Nov 2, 2018 | M | 37,104 | $23.21 | A | 168,205 | D | |
| Common Stock, par value $0.01 per shareF2 | Nov 2, 2018 | S | 37,104 | $40.6211 | 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)F3 | $19.64 | Nov 1, 2018 | M | 37,104 | D | — | Mar 1, 2020 | Common Stock, par value $0.01 per share | 37,104 | 0 | D |
| Employee Stock Option (right to buy)F3 | $23.21 | Nov 2, 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 $40.44 to $41.23. 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.
- F2This transaction was executed in multiple trades at prices ranging from $40.35 to $40.87. 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.
- F3The option became exercisable in 25% annual increments on each of the first four anniversaries of June 1, 2010.