Karolis George 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Feb 7, 2018
Insider Transaction Report
Form 4
Karolis George
SVP, Corp. Dev. & Real Estate
Transactions
- Tax Payment
Common Stock
[F1]2018-02-05$65.60/sh−130$8,528→ 4,953 total - Tax Payment
Common Stock
[F2]2018-02-05$65.60/sh−499$32,734→ 4,454 total - Exercise/Conversion
Common Stock
[F3]2018-02-05+621→ 5,075 total - Exercise/Conversion
Common Stock
[F4]2018-02-05+1,348→ 6,423 total - Exercise/Conversion
Common Stock
[F5]2018-02-05+1,141→ 7,564 total - Tax Payment
Common Stock
[F6]2018-02-05$65.60/sh−189$12,398→ 7,375 total - Tax Payment
Common Stock
[F7]2018-02-05$65.60/sh−410$26,896→ 6,965 total - Tax Payment
Common Stock
[F7]2018-02-05$65.60/sh−347$22,763→ 6,618 total - Exercise/Conversion
Performance Share Units
[F8]2018-02-05−621→ 0 total→ Common Stock (621 underlying) - Exercise/Conversion
Performance Share Units
[F9]2018-02-05−1,348→ 1,349 total→ Common Stock (1,348 underlying) - Exercise/Conversion
Performance Share Units
[F10]2018-02-05−1,141→ 5,428 total→ Common Stock (1,141 underlying)
Footnotes (10)
- [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.
- [F10]Represents vesting of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on January 25, 2017. Each performance share unit converts into one share of the Issuer's common stock upon vesting. The performance share units granted on February 5, 2016 vest on each anniversary of the grant date over a five year period as follows: 14.8% vested on February 5, 2017; 14.8% vests on February 5, 2018; 14.8% vests on February 5, 2019; 27.8% vests on February 5, 2020; and 27.8% vests on February 5, 2021.
- [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 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 14.8% of this award.
- [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, 2015.
- [F7]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.
- [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 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.
- [F9]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.
Signature
/s/George A. Villasana, Attorney In-Fact|2018-02-07