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