Filing Details
- Accession Number:
- 0001144980-18-000070
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-03-14 16:33:09
- Reporting Period:
- 2018-03-12
- Accepted Time:
- 2018-03-14 16:33:09
- 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 |
---|---|---|---|---|---|---|---|
1660784 | George Karolis | C/O Asbury Automotive Group, Inc. 2905 Premiere Parkway Nw, Suite 300 Duluth GA 30097 | Svp, Corp. Dev. & Real Estate | No | 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 | Acquisiton | 2018-03-12 | 874 | $0.00 | 8,667 | No | 4 | M | Direct | |
Common Stock | Disposition | 2018-03-12 | 266 | $68.75 | 8,401 | No | 4 | F | Direct | |
Common Stock | Disposition | 2018-03-13 | 3,150 | $69.54 | 5,251 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Performance Share Units | Acquisiton | 2018-03-12 | 2,622 | $0.00 | 2,622 | $0.00 |
Common Stock | Performance Share Units | Disposition | 2018-03-12 | 874 | $0.00 | 874 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,622 | No | 4 | A | Direct | ||
1,748 | No | 4 | M | Direct |
Footnotes
- Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 8, 2017. This transaction represents the vesting of one-third of this award.
- 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 8, 2017.
- Represents the weighted average share price of an aggregate total of 3,150 shares of Issuer's common stock sold in the price range of $69.53 to $69.58 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or security holder, full information regarding the number of shares sold at each separate price.
- Represents vesting of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 12, 2018. 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 8, 2017 vested upon certification of the objectives having been met, which occurred on March 12, 2018, an additional one-third vests on February 8, 2019 and the remaining one-third vests on February 8, 2020.