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
  1. 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.
  2. 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.
  3. 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.
  4. 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.