0001144980-24-000041.txt : 20240220 0001144980-24-000041.hdr.sgml : 20240220 20240220172244 ACCESSION NUMBER: 0001144980-24-000041 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240216 FILED AS OF DATE: 20240220 DATE AS OF CHANGE: 20240220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Welch Michael CENTRAL INDEX KEY: 0001528454 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31262 FILM NUMBER: 24655012 MAIL ADDRESS: STREET 1: C/O ASBURY AUTOMOTIVE GROUP STREET 2: 2905 PREMIERE PKWY, 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] ORGANIZATION NAME: 07 Trade & Services 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 wk-form4_1708467731.xml FORM 4 X0508 4 2024-02-16 0 0001144980 ASBURY AUTOMOTIVE GROUP INC ABG 0001528454 Welch Michael C/O ASBURY AUTOMOTIVE GROUP 2905 PREMIERE PKWY, SUITE 300 DULUTH GA 30097 0 1 0 0 SVP & CFO 0 Common Stock 2024-02-16 4 M 0 1218 0 A 6445 D Common Stock 2024-02-16 4 F 0 462 221.34 D 5983 D Common Stock 2024-02-16 4 F 0 162 221.34 D 5821 D Performance Share Units 2024-02-16 4 M 0 1218 0 D Common Stock 1218 1218 D 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 number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of restricted share units granted on February 16, 2022. Represents 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 vested on February 16, 2024 and the remaining one-third vests on February 16, 2025. /s/George A. Villasana, Attorney In-Fact 2024-02-20