SEC Form 4 · accession 0000350698-19-000012
AUTONATION, INC. · AN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert R Grusky
Director
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 5:27 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 | Jan 2, 2019 | A | 6,934 | $0.00 | A | 39,611 | D | |
| Common Stock, par value $0.01 per share | Jan 2, 2019 | M | 2,500 | $9.88 | A | 42,111 | D | |
| Common Stock, par value $0.01 per share | Jan 2, 2019 | S | 2,500 | $35.36 | D | 39,611 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) | $9.88 | Jan 2, 2019 | M | 2,500 | D | Jan 2, 2009 | Jan 2, 2019 | Common Stock, par value $0.01 per share | 2,500 | 0 | D |
Explanation of responses
- F12019 grant of 6,934 vested restricted stock units (the "RSUs") pursuant to the AutoNation, Inc. 2014 Non-Employee Director Equity Plan (as amended, the "2014 Director Plan"). The RSUs will settle in shares of common stock, par value $0.01 per share, of AutoNation, Inc. (the "Company") in accordance with the terms of the award, including any deferral election made by the reporting person, and the 2014 Director Plan. Settlement of the RSUs will be accelerated in certain circumstances as provided in the terms of the award and the 2014 Director Plan, including in the event the reporting person ceases to serve as a non-employee director of the Company.
- F2Transaction completed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 9, 2018.