Stax William Frederick 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Feb 7, 2022
Insider Transaction Report
Form 4
Stax William Frederick
Controller & CAO
Transactions
- Tax Payment
Common Stock
2022-02-04$164.03/sh−56$9,186→ 3,001 total - Exercise/Conversion
Performance Share Units
2022-02-04−185→ 186 total→ Common Stock (185 underlying) - Tax Payment
Common Stock
2022-02-04$164.03/sh−224$36,743→ 3,057 total - Exercise/Conversion
Common Stock
2022-02-04+185→ 1,156 total
Footnotes (3)
- [F1]Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of restricted share units granted on February 4, 2020.
- [F2]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 vested on February 4, 2022 and the remaining one-third vests on February 4, 2023.
- [F3]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.