AUTONATION, INC. — Director's Dealing 2021

Oct 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AUTONATION, INC. (AN)
CIK: 0000350698
Period of Report: 2021-10-25

Reporting Person: CASCADE INVESTMENT, L.L.C. (10% Owner)
Reporting Person: GATES WILLIAM H III (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-25	Common stock	S	3533	$129.9033	Disposed	9964139	Direct
2021-10-25	Common stock	S	30395	$131.1831	Disposed	9933744	Direct
2021-10-25	Common stock	S	29677	$131.6862	Disposed	9904067	Direct
2021-10-25	Common stock	S	9305	$132.9361	Disposed	9894762	Direct
2021-10-26	Common stock	S	2261	$126.2102	Disposed	9892501	Direct
2021-10-26	Common stock	S	5400	$127.5052	Disposed	9887101	Direct
2021-10-26	Common stock	S	9863	$128.5762	Disposed	9877238	Direct
2021-10-26	Common stock	S	4835	$129.0146	Disposed	9872403	Direct
2021-10-26	Common stock	S	1100	$130.4583	Disposed	9871303	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $129.45 to 130.39. The price set forth above reflects the weighted-average price per share. 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: This transaction was executed in multiple trades at prices ranging from $130.49 to 131.44. The price set forth above reflects the weighted-average price per share. 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.

F3: This transaction was executed in multiple trades at prices ranging from $131.45 to 132.44. The price set forth above reflects the weighted-average price per share. 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.

F4: This transaction was executed in multiple trades at prices ranging from $132.48 to 133.37. The price set forth above reflects the weighted-average price per share. 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.

F5: This transaction was executed in multiple trades at prices ranging from $125.89 to 126.87. The price set forth above reflects the weighted-average price per share. 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.

F6: This transaction was executed in multiple trades at prices ranging from $126.94 to 127.88. The price set forth above reflects the weighted-average price per share. 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.

F7: This transaction was executed in multiple trades at prices ranging from $127.89 to 128.88. The price set forth above reflects the weighted-average price per share. 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.

F8: This transaction was executed in multiple trades at prices ranging from $128.89 to 129.30. The price set forth above reflects the weighted-average price per share. 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.

F9: This transaction was executed in multiple trades at prices ranging from $129.90 to 130.75. The price set forth above reflects the weighted-average price per share. 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.