MONAGHAN CRAIG T 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Feb 7, 2018
Insider Transaction Report
Form 4
MONAGHAN CRAIG T
SVP & CFO
Transactions
- Exercise/Conversion
Performance Share Units
2018-02-05−16,488→ 16,489 total→ Common Stock (16,488 underlying) - Tax Payment
Common Stock
2018-02-05$65.60/sh−2,135$140,056→ 82,405 total - Tax Payment
Common Stock
2018-02-05$65.60/sh−3,561$233,602→ 78,844 total - Exercise/Conversion
Common Stock
2018-02-05+16,488→ 105,567 total - Tax Payment
Common Stock
2018-02-05$65.60/sh−7,478$490,557→ 93,447 total - Exercise/Conversion
Performance Share Units
2018-02-05−10,235→ 0 total→ Common Stock (10,235 underlying) - Exercise/Conversion
Common Stock
2018-02-05+10,235→ 89,079 total - Tax Payment
Common Stock
2018-02-05$65.60/sh−4,642$304,515→ 100,925 total
Footnotes (8)
- [F1]Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of a restricted stock award granted on February 5, 2015.
- [F2]Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of a restricted stock award granted on February 5, 2016.
- [F3]Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 5, 2015. This transaction represents the vesting of one-third of this award.
- [F4]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.
- [F5]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, 2015.
- [F6]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.
- [F7]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, 2016. 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, 2015 vested upon certification of the objectives having been met, which occurred on March 4, 2016, an additional one-third vested on February 5, 2017 and the remaining one-third vested on February 5, 2018.
- [F8]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 vested on February 5, 2018 and the remaining one-third vests on February 5, 2019.