Filing Details
- Accession Number:
- 0001104659-19-030299
- Form Type:
- 13D Filing
- Publication Date:
- 2019-05-17 16:34:32
- Filed By:
- Cascade Investment, L.l.c.
- Company:
- Autonation Inc. (NYSE:AN)
- Filing Date:
- 2019-05-17
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Cascade Investment | 18,431,162 | 0 | 18,431,162 | 0 | 18,431,162 | 20.7% |
William H. Gates III | 18,431,162 | 0 | 18,431,162 | 0 | 18,431,162 | 20.7% |
Bill Melinda Gates Foundation Trust | 0 | 0 | 0 | 0 | 0 | 0.0% |
Melinda French Gates | 0 | 0 | 0 | 0 | 0 | 0.0% |
| UNITED STATES |
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| SECURITIES AND EXCHANGE COMMISSION |
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| Washington, D.C. 20549 |
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| SCHEDULE 13D |
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Under the Securities Exchange Act of 1934
(Amendment No. 19)*
AutoNation, Inc.
(Name of Issuer)
Common Stock, Par Value $0.01
(Title of Class of Securities)
05329W102
(CUSIP Number)
Jacki Badal, Esq.
2365 Carillon Point
Kirkland, WA 98033
(425) 889-7900
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
May 15, 2019
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 05329W102 | |||||
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| 1. | Names of Reporting Persons | |||
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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| (a) | o | ||
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| (b) | x | ||
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| 3. | SEC Use Only | |||
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| 4. | Source of Funds (See Instructions) | |||
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| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or (e) o | |||
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| 6. | Citizenship or Place of Organization | |||
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Number of | 7. | Sole Voting Power | |||
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8. | Shared Voting Power | ||||
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9. | Sole Dispositive Power | ||||
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10. | Shared Dispositive Power | ||||
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| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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| 13. | Percent of Class Represented by Amount in Row (11) | |||
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| 14. | Type of Reporting Person (See Instructions) | |||
(1) All shares of the common stock, $0.01 par value per share (the Common Stock), of AutoNation, Inc. (the Issuer) held by Cascade Investment, L.L.C. (Cascade) may be deemed to be beneficially owned by William H. Gates III as the sole member of Cascade.
(2) Based on 89,208,853 shares of Common Stock outstanding as of April 24, 2019, as reported on the Issuers Form 10-Q filed on April 26, 2019.
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CUSIP No. 05329W102 | |||||
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| 1. | Names of Reporting Persons | |||
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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| (a) | o | ||
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| (b) | x | ||
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| 3. | SEC Use Only | |||
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| 4. | Source of Funds (See Instructions) | |||
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| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or (e) o | |||
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| 6. | Citizenship or Place of Organization | |||
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Number of | 7. | Sole Voting Power | |||
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8. | Shared Voting Power | ||||
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9. | Sole Dispositive Power | ||||
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10. | Shared Dispositive Power | ||||
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| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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| 13. | Percent of Class Represented by Amount in Row (11) | |||
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| 14. | Type of Reporting Person (See Instructions) | |||
(1) All shares of the common stock, $0.01 par value per share (the Common Stock), of AutoNation, Inc. (the Issuer) held by Cascade Investment, L.L.C. (Cascade) may be deemed to be beneficially owned by William H. Gates III as the sole member of Cascade.
(2) Based on 89,208,853 shares of Common Stock outstanding as of April 24, 2019, as reported on the Issuers Form 10-Q filed on April 26, 2019.
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CUSIP No. 05329W102 | |||||
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| 1. | Names of Reporting Persons | |||
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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| (a) | o | ||
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| (b) | x | ||
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| 3. | SEC Use Only | |||
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| 4. | Source of Funds (See Instructions) | |||
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| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or (e) o | |||
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| 6. | Citizenship or Place of Organization | |||
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Number of | 7. | Sole Voting Power | |||
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8. | Shared Voting Power | ||||
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9. | Sole Dispositive Power | ||||
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10. | Shared Dispositive Power | ||||
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| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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| 13. | Percent of Class Represented by Amount in Row (11) | |||
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| 14. | Type of Reporting Person (See Instructions) | |||
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CUSIP No. 05329W102 | |||||
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| 1. | Names of Reporting Persons | |||
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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| (a) | o | ||
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| (b) | x | ||
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| 3. | SEC Use Only | |||
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| 4. | Source of Funds (See Instructions) | |||
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| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or (e) o | |||
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| 6. | Citizenship or Place of Organization | |||
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Number of | 7. | Sole Voting Power | |||
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8. | Shared Voting Power | ||||
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9. | Sole Dispositive Power | ||||
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10. | Shared Dispositive Power | ||||
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| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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| 13. | Percent of Class Represented by Amount in Row (11) | |||
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| 14. | Type of Reporting Person (See Instructions) | |||
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EXPLANATORY STATEMENT
This Amendment No. 19 to Schedule 13D (Amendment) amends and supplements the Schedule 13D previously filed by Cascade Investment, L.L.C. (Cascade), Bill & Melinda Gates Foundation Trust (the Trust), William H. Gates III and Melinda French Gates (together with Cascade and the Trust, the Reporting Persons) with the Securities and Exchange Commission on February 5, 2009, as amended February 6, 2009; February 24, 2010; July 23, 2010; August 17, 2010; February 9, 2011; November 4, 2011; November 14, 2011; December 2, 2011; February 17, 2012; March 26, 2012; May 22, 2012; October 30, 2015; February 9, 2016; February 16, 2016; November 1, 2016; November 6, 2017; December 17, 2018; and May 8, 2019, relating to the Common Stock, par value $0.01 per share (the Common Stock) of AutoNation, Inc. (the Issuer). Neither the present filing nor anything contained herein shall be construed as an admission that the Reporting Persons constitute a group for any purpose and each Reporting Person expressly disclaims membership in a group. This Amendment is being filed to report that the Trust and Mrs. Gates no longer beneficially own any shares of the Issuer.
Item 5. Interest in Securities of the Issuer
(a) See items 11 and 13 of the cover pages to this Amendment for the aggregate number and percentage of Common Stock beneficially owned by each of the Reporting Persons as of May 15, 2019.
(b) See items 7 through 10 of the cover pages to this Amendment for the number of shares of Common Stock beneficially owned by each of the Reporting Persons as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, and sole or shared power to dispose or to direct the disposition as of May 15, 2019.
(c) During the period from May 7, 2019, to May 15, 2019, the Trust sold 824,769 shares of Common Stock for cash in open market transactions on the dates and at the weighted-average sale price per share set forth in Exhibit 99.1, attached hereto and incorporated herein by reference.
(d) None.
(e) On May 15, 2019, the Trust and Mrs. Gates ceased to beneficially own any shares of Common Stock.
Item 7. Material to be Filed as Exhibits
Exhibit 99.1 - Transactions during the period from May 7, 2019, through May 15, 2019.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: May 17, 2019 | CASCADE INVESTMENT, L.L.C.(1) | ||
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| By | * | |
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| Name: | Alan Heuberger(2) |
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| Title: | Attorney-in-fact for Michael Larson, Business Manager |
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| BILL & MELINDA GATES FOUNDATION TRUST(1) | ||
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| By | * | |
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| Name: | Alan Heuberger (3) |
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| Title: | Attorney-in-fact for each of the Co- Trustees, William H. Gates III and Melinda French Gates |
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| WILLIAM H. GATES III(1) | ||
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| By | * | |
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| Name: | Alan Heuberger(3)(4) |
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| Title: | Attorney-in-fact |
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| MELINDA FRENCH GATES(1) | ||
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| By | * | |
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| Name: | Alan Heuberger (3) Attorney-in-fact |
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| Title: | |
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| *By: | /s/ Alan Heuberger | |
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| Alan Heuberger |
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