Villasana George A 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Feb 6, 2024
Insider Transaction Report
Form 4
Villasana George A
SVP, CLO & Secretary
Transactions
- Exercise/Conversion
Common Stock
[F1]2024-02-03+1,150→ 5,440 total - Tax Payment
Common Stock
[F2]2024-02-03$213.27/sh−366$78,057→ 5,074 total - Tax Payment
Common Stock
[F3]2024-02-03$213.27/sh−184$39,242→ 4,890 total - Exercise/Conversion
Performance Share Units
[F4]2024-02-03−1,150→ 0 total→ Common Stock (1,150 underlying)
Footnotes (4)
- [F1]Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 3, 2021. 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 3, 2021.
- [F3]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 3, 2021.
- [F4]Represents vesting of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 7, 2022. 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 3, 2021 vested upon certification of the objectives having been met, which occurred on March 7, 2022, an additional one-third vested on February 3, 2023 and the remaining one-third vested on February 3, 2024.
Signature
/s/George A. Villasana|2024-02-06