Stax William Frederick 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Feb 8, 2022
Insider Transaction Report
Form 4
Stax William Frederick
Controller & CAO
Transactions
- Tax Payment
Common Stock
2022-02-07$151.49/sh−73$11,059→ 2,928 total - Exercise/Conversion
Common Stock
2022-02-07+302→ 1,458 total - Tax Payment
Common Stock
2022-02-07$151.49/sh−91$13,786→ 2,837 total - Exercise/Conversion
Performance Share Units
2022-02-07−302→ 301 total→ Common Stock (302 underlying)
Footnotes (3)
- [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 7, 2019.
- [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, 2020. 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 7, 2019 vested upon certification of the objectives having been met, which occurred on March 5, 2020, an additional one-third vested on February 7, 2021 and the remaining one-third vested on February 7, 2022.
- [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 7, 2019.