Villasana George A 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Mar 7, 2023
Insider Transaction Report
Form 4
Villasana George A
VP & General Counsel
Transactions
- Sale
Common Stock
2023-03-03$240.00/sh−5,463$1,311,120→ 14,152 total - Sale
Common Stock
2023-03-03$238.16/sh−2,180$519,189→ 11,972 total - Sale
Common Stock
2023-03-03$239.29/sh−1,400$335,006→ 10,572 total - Sale
Common Stock
2023-03-03$240.20/sh−1,720$413,144→ 8,852 total - Sale
Common Stock
2023-03-03$240.92/sh−200$48,184→ 8,652 total - Exercise/Conversion
Common Stock
2023-03-06+1,217→ 9,869 total - Tax Payment
Common Stock
2023-03-06$238.02/sh−549$130,673→ 9,320 total - Sale
Common Stock
2023-03-07$238.01/sh−2,202$524,098→ 7,118 total - Award
Performance Share Units
2023-03-06+3,653→ 3,653 total→ Common Stock (3,653 underlying) - Exercise/Conversion
Performance Share Units
2023-03-06$238.02/sh−1,217$289,670→ 2,436 total→ Common Stock (1,217 underlying)
Footnotes (8)
- [F1]Represents the weighted average share price of an aggregate total of 2,180 shares of Issuer's common stock sold in the price range of $237.80 to $238.59 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or security holder, full information regarding the number of shares sold at each separate price.
- [F2]Represents the weighted average share price of an aggregate total of 1,400 shares of Issuer's common stock sold in the price range of $238.80 to $239.74 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or security holder, full information regarding the number of shares sold at each separate price.
- [F3]Represents the weighted average share price of an aggregate total of 1,720 shares of Issuer's common stock sold in the price range of $239.80 to $240.79 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or security holder, full information regarding the number of shares sold at each separate price.
- [F4]Represents the weighted average share price of an aggregate total of 200 shares of Issuer's common stock sold in the price range of $240.80 to $241.05 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or security holder, full information regarding the number of shares sold at each separate price.
- [F5]Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 16, 2022. This transaction represents the vesting of one-third 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 16, 2022.
- [F7]Represents the weighted average share price of an aggregate total of 2,202 shares of Issuer's common stock sold in the price range of $237.88 to $238.10 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or security holder, full information regarding the number of shares sold at each separate price.
- [F8]Represents the vesting of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 6, 2023. 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 16, 2022 vested upon certification of the objectives having been met, which occurred on March 6, 2023, an additional one-third vests on February 16, 2024 and the remaining one-third vests on February 16, 2025.