Form 4 for ABG ASBURY AUTOMOTIVE GROUP INC
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-16 · accession 0001144980-24-000039 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-20 | 2024-02-16 | ABG | Milstein Jed | SVP, CHRO | F - Tax | $221.34 | -661 | 10.5K | -6% | -$146.3K |
| D | 2024-02-20 | 2024-02-16 | ABG | Milstein Jed | SVP, CHRO | M - OptEx | $0.00 | +1,056 | 10.9K | +11% | $0 |
| D | 2024-02-20 | 2024-02-16 | ABG | Milstein Jed | SVP, CHRO | M - OptEx | $0.00 | -1,056 | 1,056 | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-16 | F | D | 187 | $221.34 | 10,280 | D | — | — | (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. |
| 2 | Common | Common Stock | 2024-02-16 | F | D | 474 | $221.34 | 10,467 | D | — | — | (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. |
| 3 | Common | Common Stock | 2024-02-16 | M | A | 1,056 | $0.00 | 10,941 | D | — | — | (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. |
| 4 | Derivative | Performance Share Units | 2024-02-16 | M | D | 1,056 | $0.00 | 1,056 | D | — · — to — | 1,056 Common Stock | (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. |