0001144980-23-000016.txt : 20230207
0001144980-23-000016.hdr.sgml : 20230207
20230207174630
ACCESSION NUMBER: 0001144980-23-000016
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230203
FILED AS OF DATE: 20230207
DATE AS OF CHANGE: 20230207
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Milstein Jed
CENTRAL INDEX KEY: 0001695355
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31262
FILM NUMBER: 23596333
MAIL ADDRESS:
STREET 1: 2905 PREMIERE PARKWAY
STREET 2: SUITE 300
CITY: DULUTH
STATE: GA
ZIP: 30097
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ASBURY AUTOMOTIVE GROUP INC
CENTRAL INDEX KEY: 0001144980
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
IRS NUMBER: 010609375
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2905 PREMIERE PARKWAY NW
STREET 2: SUITE 300
CITY: DULUTH
STATE: GA
ZIP: 30097
BUSINESS PHONE: 770-418-8200
MAIL ADDRESS:
STREET 1: 2905 PREMIERE PARKWAY NW
STREET 2: SUITE 300
CITY: DULUTH
STATE: GA
ZIP: 30097
4
1
wf-form4_167580996798420.xml
FORM 4
X0306
4
2023-02-03
0
0001144980
ASBURY AUTOMOTIVE GROUP INC
ABG
0001695355
Milstein Jed
2905 PREMIERE PARKWAY
SUITE 300
DULUTH
GA
30097
0
1
0
0
SVP & CHRO
Common Stock
2023-02-03
4
F
0
203
241.71
D
11139
D
Common Stock
2023-02-03
4
M
0
852
0
A
11991
D
Common Stock
2023-02-03
4
F
0
385
241.71
D
11606
D
Common Stock
2023-02-04
4
F
0
645
243.13
D
10961
D
Common Stock
2023-02-04
4
M
0
711
0
A
11672
D
Common Stock
2023-02-04
4
F
0
321
243.13
D
11351
D
Common Stock
2023-02-07
4
S
0
3050
233.81
D
8301
D
Performance Share Units
2023-02-03
4
M
0
852
0
D
Common Stock
852.0
852
D
Performance Share Units
2023-02-04
4
M
0
711
0
D
Common Stock
711.0
0
D
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 3, 2021.
Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 3, 2021. 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 3, 2021.
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 4, 2020.
Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 4, 2020. 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 4, 2020.
Represents the weighted average share price of an aggregate total of 3,050 shares of Issuer's common stock sold in the price range of $233.77 to $234.01 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 7, 2022. 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 3, 2021 vested upon certification of the objectives having been met, which occurred on March 7, 2022, an additional one-third vested on February 3, 2023 and the remaining one-third vests on February 3, 2024.
Represents vesting of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 5, 2021. 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 4, 2020 vested upon certification of the objectives having been met, which occurred on March 5, 2021, an additional one-third vested on February 4, 2022 and the remaining one-third vests on February 4, 2023.
/s/George A. Villasana, Attorney In-Fact
2023-02-07