Stax William Frederick 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Mar 9, 2021
Insider Transaction Report
Form 4
Stax William Frederick
Controller & CAO
Transactions
- Tax Payment
Common Stock
2021-03-05$167.92/sh−56$9,404→ 3,324 total - Exercise/Conversion
Performance Share Units
2021-03-05−185→ 371 total→ Common Stock (185 underlying) - Exercise/Conversion
Common Stock
2021-03-05+185→ 971 total - Award
Performance Share Units
2021-03-05+556→ 556 total→ Common Stock (556 underlying)
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 4, 2020. 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 4, 2020.
- [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 5, 2021. 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 4, 2020 vested upon certification of the objectives having been met, which occurred on March 5, 2021, an additional one-third vests on February 4, 2022 and the remaining one-third vests on February 4, 2023.