4//SEC Filing
ASBURY AUTOMOTIVE GROUP INC 4
Accession 0001144980-15-000068
$ABGCIK 0001144980operating
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 4:33 PM ET
Size
13.3 KB
Accession
0001144980-15-000068
Insider Transaction Report
Form 4
Sawicki Michael
Controller & PAO
Transactions
- Tax Payment
Common Stock
2015-03-04$76.72/sh−164$12,582→ 5,157 total - Sale
Common Stock
2015-03-05$78.52/sh−345$27,089→ 4,812 total - Award
Performance Share Units
2015-03-04+1,474→ 1,474 total→ Common Stock par value$.01 per share (1,474 underlying) - Exercise/Conversion
Performance Share Units
2015-03-04−491→ 983 total→ Common Stock par value$.01 per share (491 underlying) - Exercise/Conversion
Common Stock
2015-03-04+491→ 5,321 total
Footnotes (4)
- [F1]Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 5, 2014. This transaction represents the vesting of one-third of this award.
- [F2]Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of performance share units, and the conversion of such units into shares of the Issuer's common stock, granted on February 5, 2014.
- [F3]Represents the weighted average share price of an aggregate total of 345 shares of the Issuer's common stock sold in the price range of $78.50 to $78.53 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or a security holder, full information regarding the number of shares sold at each separate price.
- [F4]Represents vesting of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 4, 2015. Each performance share unit converts into one share of the Issuer's common stock upon vesting. One-third of the performance share units granted on February 5, 2014 vested upon certification of the objectives having been met, which occurred on March 4, 2015.
Documents
Issuer
ASBURY AUTOMOTIVE GROUP INC
CIK 0001144980
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001144980
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 4:33 PM ET
- Size
- 13.3 KB