4//SEC Filing
Abrams Capital Partners II, L.P. 4
Accession 0001567619-20-006840
CIK 0001144980other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 4:30 PM ET
Size
16.5 KB
Accession
0001567619-20-006840
Insider Transaction Report
Form 4
PAMET CAPITAL MANAGEMENT, LP
10% Owner
Transactions
- Purchase
Common Stock
2020-03-18$43.27/sh+113,270$4,901,555→ 2,109,610 total(indirect: See Footnotes) - Purchase
Common Stock
2020-03-19$43.23/sh+8,606$372,064→ 2,118,216 total(indirect: See Footnotes)
PAMET CAPITAL MANAGEMENT LLC
10% Owner
Transactions
- Purchase
Common Stock
2020-03-18$43.27/sh+113,270$4,901,555→ 2,109,610 total(indirect: See Footnotes) - Purchase
Common Stock
2020-03-19$43.23/sh+8,606$372,064→ 2,118,216 total(indirect: See Footnotes)
ABRAMS CAPITAL LLC
10% Owner
Transactions
- Purchase
Common Stock
2020-03-18$43.27/sh+113,270$4,901,555→ 2,109,610 total(indirect: See Footnotes) - Purchase
Common Stock
2020-03-19$43.23/sh+8,606$372,064→ 2,118,216 total(indirect: See Footnotes)
Abrams David C
10% Owner
Transactions
- Purchase
Common Stock
2020-03-18$43.27/sh+113,270$4,901,555→ 2,109,610 total(indirect: See Footnotes) - Purchase
Common Stock
2020-03-19$43.23/sh+8,606$372,064→ 2,118,216 total(indirect: See Footnotes)
Abrams Capital Partners II, L.P.
10% Owner
Transactions
- Purchase
Common Stock
2020-03-18$43.27/sh+113,270$4,901,555→ 2,109,610 total(indirect: See Footnotes) - Purchase
Common Stock
2020-03-19$43.23/sh+8,606$372,064→ 2,118,216 total(indirect: See Footnotes)
Footnotes (6)
- [F1]Represents the weighted average purchase price of shares purchased in a series of open market transactions on the transaction date at prices ranging from $42.96156 to $43.32947 per share. The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
- [F2]Represents the weighted average purchase price of shares purchased in a series of open market transactions on the transaction date at prices ranging from $43.136 to $43.33786 per share. The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
- [F3]Shares reported herein as beneficially owned by Abrams Capital, LLC ("Abrams Capital") represent shares held for the account of Abrams Capital Partners II, L.P. ("ACP II") and other private investment funds for which Abrams Capital serves as general partner. Shares reported herein for Abrams Capital Management, L.P. (the "LP") and Abrams Capital Management, LLC (the "LLC") represent the above-referenced shares beneficially owned by ACP II and shares beneficially owned by other private investment funds for which the LP serves as investment manager. The LLC is the general partner of the LP. Shares reported herein for Mr. Abrams represent the above referenced shares reported for Abrams Capital and the LLC. Mr. Abrams is the managing member of Abrams Capital and the LLC.
- [F4]Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- [F5]Of the shares purchased on March 18, 2020, 91,719 shares were held for the account of ACP II and all of such shares may be deemed to have been beneficially owned by Abrams Capital, Mr. Abrams, the LP and the LLC.
- [F6]Of the shares purchased on March 19, 2020, 6,968 shares were held for the account of ACP II and all of such shares may be deemed to have been beneficially owned by Abrams Capital, Mr. Abrams, the LP and the LLC. As of March 20, 2019, 1,716,441 of the shares reported herein are held for the account of ACP II, Abrams Capital may be deemed to beneficially own 2,034,820 of the shares reported herein, and Mr. Abrams, the LP and the LLC may be deemed to beneficially own all of such shares.
Documents
Issuer
ASBURY AUTOMOTIVE GROUP INC
CIK 0001144980
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001292420
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 4:30 PM ET
- Size
- 16.5 KB