4//SEC Filing
ASBURY AUTOMOTIVE GROUP INC 4
Accession 0001144980-17-000071
$ABGCIK 0001144980operating
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 4:09 PM ET
Size
11.1 KB
Accession
0001144980-17-000071
Insider Transaction Report
Form 4
Karolis George
VP, Corp. Dev. & Real Estate
Transactions
- Tax Payment
Common Stock
2017-03-06$64.60/sh−450$29,070→ 7,826 total - Exercise/Conversion
Performance Share Units
2017-03-06−1,349→ 2,697 total→ Common Stock (1,349 underlying) - Award
Performance Share Units
2017-03-06+4,046→ 4,046 total→ Common Stock (4,046 underlying) - Exercise/Conversion
Common Stock
2017-03-06+1,349→ 8,276 total
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 5, 2016. 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, 2016.
- [F3]Represents vesting of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 6, 2017. 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, 2016 vested upon certification of the objectives having been met, which occurred on March 6, 2017, an additional one-third vests on February 5, 2018 and the remaining one-third vests on February 5, 2019.
Documents
Issuer
ASBURY AUTOMOTIVE GROUP INC
CIK 0001144980
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001144980
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 4:09 PM ET
- Size
- 11.1 KB