4//SEC Filing
ASBURY AUTOMOTIVE GROUP INC 4
Accession 0001449710-14-000080
$ABGCIK 0001144980operating
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:34 PM ET
Size
11.4 KB
Accession
0001449710-14-000080
Insider Transaction Report
Form 4
PARHAM JOSEPH G JR
VP, Chief HR Officer
Transactions
- Exercise/Conversion
Common Stock
2014-03-04+2,133→ 23,319 total - Tax Payment
Common Stock
2014-03-04$53.13/sh−712$37,829→ 22,607 total - Award
Performance Share Units
2014-03-04+6,399→ 6,399 total→ Common Stock par value $.01 per share (6,399 underlying) - Exercise/Conversion
Performance Share Units
2014-03-04−2,133→ 4,266 total→ Common Stock par value $.01 per share (2,133 underlying)
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock issued to Mr. Parham upon the vesting of performance share units granted on February 20, 2013. This transaction represents the vesting of one-third 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. Parham 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-third of the performance share units granted to Mr. Parham on February 20, 2013 vested upon certification of the objectives having been met, which occurred on March 4, 2014, an additional one-third vests on February 20, 2015 and the remaining one-third vests on February 20, 2016.
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, 6:34 PM ET
- Size
- 11.4 KB