Maric Miran 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Mar 7, 2024
Insider Transaction Report
Form 4
Maric Miran
SVP, Strategy & Innovation
Transactions
- Exercise/Conversion
Common Stock
2024-03-06+450→ 5,186 total - Tax Payment
Common Stock
2024-03-06$205.27/sh−202$41,465→ 4,984 total - Award
Performance Share Units
2024-03-06+1,350→ 1,350 total→ Common Stock (1,350 underlying) - Exercise/Conversion
Performance Share Units
2024-03-06−450→ 900 total→ Common Stock (450 underlying)
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 14, 2023. 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 14, 2023.
- [F3]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, 2024. 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 14, 2023 vested upon certification of the objectives having been met, which occurred on March 6, 2024, an additional one-third vests on February 14, 2025 and the remaining one-third vests on February 14, 2026.