MONAGHAN CRAIG T 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Mar 14, 2018
Insider Transaction Report
Form 4
MONAGHAN CRAIG T
SVP & CFO
Transactions
- Award
Performance Share Units
2018-03-12+32,045→ 32,045 total→ Common Stock (32,045 underlying) - Exercise/Conversion
Common Stock
2018-03-12+16,022→ 85,669 total - Exercise/Conversion
Performance Share Units
2018-03-12−16,022→ 16,023 total→ Common Stock (16,022 underlying) - Tax Payment
Common Stock
2018-03-12$68.75/sh−7,427$510,606→ 78,242 total
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 8, 2017. This transaction represents the vesting of one half 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 8, 2017.
- [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 12, 2018. Each performance share unit converts into one share of the Issuer's common stock upon vesting. One half of the performance share units granted on February 8, 2017 vested upon certification of the objectives having been met, which occurred on March 12, 2018, and the remaining half vests on February 8, 2019.