4//SEC Filing
PARHAM JOSEPH G JR 4
Accession 0001144980-13-000044
CIK 0001144980other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 5:58 PM ET
Size
10.3 KB
Accession
0001144980-13-000044
Insider Transaction Report
Form 4
PARHAM JOSEPH G JR
VP, Chief HR Officer
Transactions
- Award
Common Stock
2013-05-03+4,467→ 29,525 total - Tax Payment
Common Stock
2013-05-03$40.78/sh−2,142$87,351→ 27,383 total - Tax Payment
Common Stock
2013-05-03$40.78/sh−3,335$136,001→ 24,048 total - Tax Payment
Common Stock
2013-05-03$40.78/sh−1,414$57,663→ 22,634 total
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock that vested in connection with an award of performance share units granted to the Reporting Person in May 2010 for the performance period of fiscal year 2010 (the "2010 Period"). The actual number of performance share units that could be earned was contingent upon the achievement by the Issuer of certain performance goals set at the beginning of the 2010 Period. Each performance share unit earned converts into one share of the Issuer's common stock. For the 2010 Period, the Issuer achieved performance resulting in a payout of a number of shares of common stock equal to 134% of target and thus awarded the Reporting Person 13,400 shares of common stock. In order for the Reporting Person to receive these shares, the Reporting Person must be an employee of the Issuer on the first, second and third anniversaries of the grant date. This transaction represents the vesting of the third and final tranche of this award.
- [F2]Represents the number of shares of the Issuer's common stock withheld for payment of taxes on performance shares granted on May 3, 2010.
- [F3]Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock granted on May 3, 2010.
Documents
Issuer
ASBURY AUTOMOTIVE GROUP INC
CIK 0001144980
Entity typeother
Related Parties
1- filerCIK 0001183402
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 5:58 PM ET
- Size
- 10.3 KB