4//SEC Filing
Karolis George 4
Accession 0001144980-18-000015
CIK 0001144980other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 4:53 PM ET
Size
23.8 KB
Accession
0001144980-18-000015
Insider Transaction Report
Form 4
Karolis George
VP, Corp. Dev. & Real Estate
Transactions
- Exercise/Conversion
Performance Share Units
2018-02-05−621→ 0 total→ Common Stock (621 underlying) - Tax Payment
Common Stock
2018-02-05$65.60/sh−130$8,528→ 4,953 total - Exercise/Conversion
Common Stock
2018-02-05+621→ 5,075 total - Exercise/Conversion
Common Stock
2018-02-05+1,348→ 6,423 total - Exercise/Conversion
Common Stock
2018-02-05+1,141→ 7,564 total - Tax Payment
Common Stock
2018-02-05$65.60/sh−189$12,398→ 7,375 total - Tax Payment
Common Stock
2018-02-05$65.60/sh−410$26,896→ 6,965 total - Tax Payment
Common Stock
2018-02-05$65.60/sh−347$22,763→ 6,618 total - Exercise/Conversion
Performance Share Units
2018-02-05−1,141→ 5,428 total→ Common Stock (1,141 underlying) - Tax Payment
Common Stock
2018-02-05$65.60/sh−499$32,734→ 4,454 total - Exercise/Conversion
Performance Share Units
2018-02-05−1,348→ 1,349 total→ Common Stock (1,348 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.
Documents
Issuer
ASBURY AUTOMOTIVE GROUP INC
CIK 0001144980
Entity typeother
Related Parties
1- filerCIK 0001660784
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 4:53 PM ET
- Size
- 23.8 KB