4//SEC Filing
Welch Michael 4
Accession 0001144980-24-000041
CIK 0001144980other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 5:22 PM ET
Size
10.7 KB
Accession
0001144980-24-000041
Insider Transaction Report
Form 4
Welch Michael
SVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2024-02-16+1,218→ 6,445 total - Tax Payment
Common Stock
2024-02-16$221.34/sh−462$102,259→ 5,983 total - Tax Payment
Common Stock
2024-02-16$221.34/sh−162$35,857→ 5,821 total - Exercise/Conversion
Performance Share Units
2024-02-16−1,218→ 1,218 total→ Common Stock (1,218 underlying)
Footnotes (4)
- [F1]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.
- [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 16, 2022.
- [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 16, 2022.
- [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 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 vested on February 16, 2024 and the remaining one-third vests on February 16, 2025.
Documents
Issuer
ASBURY AUTOMOTIVE GROUP INC
CIK 0001144980
Entity typeother
Related Parties
1- filerCIK 0001528454
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 5:22 PM ET
- Size
- 10.7 KB