4//SEC Filing
Manley Michael Mark 4
Accession 0000350698-25-000053
CIK 0000350698other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:01 PM ET
Size
22.2 KB
Accession
0000350698-25-000053
Insider Transaction Report
Form 4
Manley Michael Mark
DirectorCEO and Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2025-03-01+7,940→ 109,513 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-03-01+7,088→ 94,578 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2025-03-01+6,995→ 101,573 total - Tax Payment
Common Stock, par value $0.01 per share
2025-03-01$182.37/sh−8,668$1,580,783→ 100,845 total - Exercise/Conversion
Restricted Stock Units
2025-03-01−7,088→ 0 total→ Common Stock, par value $0.01 per share (7,088 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-01−6,995→ 6,995 total→ Common Stock, par value $0.01 per share (6,995 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-01−7,940→ 15,879 total→ Common Stock, par value $0.01 per share (7,940 underlying) - Award
Restricted Stock Units
2025-03-01+25,430→ 25,430 total→ Common Stock, par value $0.01 per share (25,430 underlying) - Award
Performance-Based Restricted Stock Units
2025-03-01+134,365→ 134,365 total→ Common Stock, par value $0.01 per share (134,365 underlying)
Footnotes (7)
- [F1]The restricted stock units converted into shares of AutoNation common stock on a one-for-one basis.
- [F2]The reporting person received a grant of 21,265 restricted stock units on March 1, 2022. The restricted stock units vested in one-third annual increments on each of the first three anniversaries of the grant date. Each restricted stock unit represented a contingent right to receive one share of the registrant's common stock, or at the registrant's election, the cash value thereof.
- [F3]The reporting person received a grant of 20,985 restricted stock units on March 1, 2023. The restricted stock units will vest in one-third annual increments on each of the first three anniversaries of the grant date. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof.
- [F4]The reporting person received a grant of 23,819 restricted stock units on March 1, 2024. The restricted stock units will vest in one-third annual increments on each of the first three anniversaries of the grant date. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof.
- [F5]The restricted stock units were granted on March 1, 2025 and will vest in one-third annual increments on each of the first three anniversaries of the grant date. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof.
- [F6]Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof.
- [F7]The reporting person received a special grant of 134,365 PSUs on March 1, 2025. Subject to the terms and conditions of the award agreement, the PSUs vest on a cliff basis at the end of a five-year performance period to the extent earned. The number of PSUs that may be earned is based on achieving pre-set stock price appreciation hurdles (the "Stock Price Contingencies"). The PSUs will not be earned unless the annualized rate of stock price appreciation (plus dividends, if any) of the registrant's common stock meets or exceeds the Stock Price Contingences during the five-year performance period from January 1, 2025 to December 31, 2029. Vesting is subject to the reporting person's employment with the registrant through the final day of the performance period, subject to limited exceptions. Any PSUs that do not vest by the end of the performance period are immediately forfeited.
Documents
Issuer
AUTONATION, INC.
CIK 0000350698
Entity typeother
Related Parties
1- filerCIK 0001518992
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 5:01 PM ET
- Size
- 22.2 KB