0001144980-23-000089.txt : 20230307
0001144980-23-000089.hdr.sgml : 20230307
20230307164835
ACCESSION NUMBER: 0001144980-23-000089
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230303
FILED AS OF DATE: 20230307
DATE AS OF CHANGE: 20230307
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Clara Daniel
CENTRAL INDEX KEY: 0001801913
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31262
FILM NUMBER: 23713277
MAIL ADDRESS:
STREET 1: C/O ASBURY AUTOMOTIVE GROUP
STREET 2: 2905 PREMIERE PKWY, STE 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_167822570039546.xml
FORM 4
X0306
4
2023-03-03
0
0001144980
ASBURY AUTOMOTIVE GROUP INC
ABG
0001801913
Clara Daniel
C/O ASBURY AUTOMOTIVE GROUP
2905 PREMIERE PKWY, STE 300
DULUTH
GA
30097
0
1
0
0
SVP, Operations
Common Stock
2023-03-03
4
S
0
2274
238.21
D
13652
D
Common Stock
2023-03-03
4
S
0
2100
239.46
D
11552
D
Common Stock
2023-03-03
4
S
0
1600
240.11
D
9952
D
Common Stock
2023-03-06
4
M
0
1299
0
A
11251
D
Common Stock
2023-03-06
4
F
0
586
238.02
D
10665
D
Performance Share Units
2023-03-06
4
A
0
3897
0
A
Common Stock
3897.0
3897
D
Performance Share Units
2023-03-06
4
M
0
1299
0
D
Common Stock
1299.0
2598
D
Represents the weighted average share price of an aggregate total of 2,274 shares of Issuer's common stock sold in the price range of $237.83 to $238.60 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 the weighted average share price of an aggregate total of 2,100 shares of Issuer's common stock sold in the price range of $238.90 to $239.84 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 the weighted average share price of an aggregate total of 1,600 shares of Issuer's common stock sold in the price range of $239.91to $240.61 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 shares of the Issuer's common stock issued upon the vesting of performance share units granted on February 16, 2022. 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 16, 2022.
Represents the vesting of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 6, 2023. 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 16, 2022 vested upon certification of the objectives having been met, which occurred on March 6, 2023, an additional one-third vests on February 16, 2024 and the remaining one-third vests on February 16, 2025.
/s/George A. Villasana, Attorney In-Fact
2023-03-07