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AUTONATION, INC. — Director's Dealing 2011
Feb 8, 2011
30725_dirs_2011-02-08_0d653d0b-7eba-42a0-ae9c-c2851d3ccdda.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AUTONATION, INC. (AN)
CIK: 0000350698
Period of Report: 2011-02-08
Reporting Person: MAROONE MICHAEL E (Director, Director, President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-08 | Common Stock | M | 320000 | $12.25 | Acquired | 569265 | Direct |
| 2011-02-08 | Common Stock | S | 320000 | $32.1196 | Disposed | 249265 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-08 | Employee Stock Option (right to buy) | $12.25 | M | 320000 | Disposed | 2012-08-05 | Common Stock (320000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2247357 | Indirect |
| Common Stock | 1537 | Indirect |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $32.02 to $32.21. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F2: These shares are beneficially owned by Michael Maroone Family Partnership, a Nevada limited partnership controlled by Mr. Maroone.
F3: The option, representing a right to purchase a total of 320,000 shares (as of the grant date) at an exercise price equal to $12.25 per share, vested as to 25% of the underlying shares on each of August 5, 2003, August 5, 2004, August 5, 2005 and August 5, 2006.