Filing Details
- Accession Number:
- 0001144980-12-000085
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-08-08 18:22:02
- Reporting Period:
- 2012-08-06
- Filing Date:
- 2012-08-08
- Accepted Time:
- 2012-08-08 18:22:02
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1144980 | Asbury Automotive Group Inc | ABG | Retail-Auto Dealers & Gasoline Stations (5500) | 010609375 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1082896 | T Craig Monaghan | C/O Asbury Automotive Group, Inc. 2905 Premiere Pkwy Nw, Suite 300 Duluth GA 30097 | President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $.01 Per Share | Disposition | 2012-08-03 | 74,461 | $0.00 | 221,820 | No | 5 | G | Direct | |
| Common Stock, Par Value $.01 Per Share | Acquisiton | 2012-08-06 | 50,000 | $3.64 | 271,820 | No | 4 | M | Direct | |
| Common Stock, Par Value $.01 Per Share | Disposition | 2012-08-06 | 45,000 | $26.81 | 226,820 | No | 4 | S | Direct | |
| Common Stock, Par Value $.01 Per Share | Disposition | 2012-08-06 | 16,668 | $0.00 | 210,152 | No | 5 | G | Direct | |
| Common Stock, Par Value $.01 Per Share | Acquisiton | 2012-08-06 | 5,556 | $0.00 | 5,556 | No | 5 | G | Indirect | by trust |
| Common Stock, Par Value $.01 Per Share | Acquisiton | 2012-08-06 | 5,556 | $0.00 | 5,556 | No | 5 | G | Indirect | by trust |
| Common Stock, Par Value $.01 Per Share | Acquisiton | 2012-08-06 | 5,556 | $0.00 | 5,556 | No | 5 | G | Indirect | by trust |
| Common Stock, Par Value $.01 Per Share | Acquisiton | 2012-08-07 | 40,000 | $3.64 | 250,152 | No | 4 | M | Direct | |
| Common Stock, Par Value $.01 Per Share | Disposition | 2012-08-07 | 35,000 | $27.02 | 215,152 | No | 4 | S | Direct | |
| Common Stock, Par Value $.01 Per Share | Acquisiton | 2012-08-08 | 35,000 | $3.64 | 250,152 | No | 4 | M | Direct | |
| Common Stock, Par Value $.01 Per Share | Disposition | 2012-08-08 | 30,000 | $26.77 | 220,152 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | G | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 5 | G | Direct | |
| No | 5 | G | Indirect | by trust |
| No | 5 | G | Indirect | by trust |
| No | 5 | G | Indirect | by trust |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock option (employee right to buy) | Disposition | 2012-08-06 | 50,000 | $0.00 | 50,000 | $3.64 |
| Common Stock | Stock option (employee right to buy) | Disposition | 2012-08-07 | 40,000 | $0.00 | 40,000 | $3.64 |
| Common Stock | Stock option (employee right to buy) | Disposition | 2012-08-08 | 35,000 | $0.00 | 35,000 | $3.64 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 75,000 | 2019-01-29 | No | 4 | M | Direct | |
| 35,000 | 2019-01-29 | No | 4 | M | Direct | |
| 0 | 2019-01-29 | No | 4 | M | Direct |
Footnotes
- The shares were gifted to The Monaghan Foundation, Inc., a Georgia nonprofit corporation (the "Foundation"), organized exclusively for charitable, religious, educational and scientific purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. The reporting person serves as the Chairman and Chief Executive Officer of the Foundation and, therefore, is deemed to have voting and dispositive control over the shares.
- Represents the weighted average share price of an aggregate total of 45,000 shares of the Issuer's common stock sold in the price range of $26.58 to $27.07 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or a security holder, full information regarding the number of shares sold at each separate price.
- On August 6, 2012, the reporting person gifted an aggregate of 16,668 shares to three irrevocable trusts for the benefit of his children. The reporting person's spouse is the trustee of each trust.
- Shares owned by The Shannon Monaghan Irrevocable Trust for the benefit of a child of the reporting person, over which the reporting person's wife is the trustee.
- Shares owned by the The Connor Monaghan Irrevocable Trust for the benefit of a child of the reporting person, over which the reporting person's wife is the trustee.
- Shares owned by the The Rand Monaghan Irrevocable Trust for the benefit of a child of the reporting person, over which the reporting person's wife is the trustee.
- Represents the weighted average share price of an aggregate total of 35,000 shares of the Issuer's common stock sold in the price range of $26.69 to $27.44 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or a security holder, full information regarding the number of shares sold at each separate price.
- Represents the weighted average share price of an aggregate total of 30,000 shares of the Issuer's common stock sold in the price range of $26.56 to $27.00 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or a security holder, full information regarding the number of shares sold at each separate price.
- The options vested in three equal installments on January 29, 2010, 2011 and 2012.
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