4//SEC Filing
ASBURY AUTOMOTIVE GROUP INC 4
Accession 0001449710-14-000076
$ABGCIK 0001144980operating
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:31 PM ET
Size
11.5 KB
Accession
0001449710-14-000076
Insider Transaction Report
Form 4
Kearney Michael
SVP & Chief Operating Officer
Transactions
- Award
Performance Share Units
2014-03-04+27,783→ 27,783 total→ Common Stock Par Value $.01 per share (27,783 underlying) - Exercise/Conversion
Performance Share Units
2014-03-04−13,891→ 13,892 total→ Common Stock Par Value $.01 per share (13,891 underlying) - Exercise/Conversion
Common Stock
2014-03-04+13,891→ 60,501 total - Tax Payment
Common Stock
2014-03-04$53.13/sh−5,828$309,642→ 54,673 total
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock issued to Mr. Kearney upon the vesting of performance share units granted on February 20, 2013. This transaction represents the vesting of one-half of the 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 to Mr. Kearney on February 20, 2013.
- [F3]Represents grant of performance share units that was contingent upon the issuers meeting certain performance objectives, which objectives were certified as having been met on March 4, 2014. Each performance share unit converts into one share of the Issuer's common stock upon vesting. One-half of the performance share units granted to Mr. Kearney on February 20, 2013 vested upon certification of the objectives having been met, which occurred on March 4, 2014, and the remaining one-half vests on February 20, 2015, which is the anniversary of the grant date.
Documents
Issuer
ASBURY AUTOMOTIVE GROUP INC
CIK 0001144980
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001144980
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 6:31 PM ET
- Size
- 11.5 KB