SEC Form 4 · accession 0000350698-19-000066
AUTONATION, INC. · AN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Cade
Officer — SVP and CAO
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 7:02 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 shareF1 | Mar 1, 2019 | M | 1,341 | — | A | 2,540 | D | |
| Common Stock, par value $0.01 per shareF1 | Mar 1, 2019 | M | 2,034 | — | A | 4,574 | D | |
| Common Stock, par value $0.01 per share | Mar 1, 2019 | F | 1,223 | $34.89 | D | 3,351 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 1, 2019 | M | 1,341 | D | — | — | Common Stock, par value $0.01 per share | 1,341 | 2,682 | D |
| Restricted Stock UnitsF1,F3 | — | Mar 1, 2019 | M | 2,034 | D | — | — | Common Stock, par value $0.01 per share | 2,034 | 6,102 | D |
| Restricted Stock UnitsF4,F5 | — | Mar 1, 2019 | A | 14,330 | A | — | — | Common Stock, par value $0.01 per share | 14,330 | 14,330 | D |
Explanation of responses
- F1The restricted stock units converted into shares of AutoNation common stock on a one-for-one basis.
- F2The reporting person received a grant of 5,363 restricted stock units on March 1, 2017, subject to stockholder approval of the AutoNation, Inc. 2017 Employee Equity and Incentive Plan, which was obtained on April 19, 2017. The restricted stock units vest in 25% annual increments on each of the first four anniversaries of March 1, 2017, subject to continued employment with the registrant. Each restricted stock unit represents a contingent right to receive one share of AutoNation common stock, or at AutoNation's election, the cash value thereof.
- F3The reporting person received a grant of 8,136 restricted stock units on March 1, 2018. The restricted stock units vest in 25% annual increments on each of the first four anniversaries of March 1, 2018, subject to continued employment with the registrant. Each restricted stock unit represents a contingent right to receive one share of AutoNation common stock, or at AutoNation's election, the cash value thereof.
- F4Each restricted stock unit represents a contingent right to receive one share of AutoNation common stock, or at AutoNation's election, the cash value thereof.
- F5The restricted stock units vest in 25% annual increments on each of the first four anniversaries of March 1, 2019, subject to continued employment with the registrant.