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FORM 4
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check box if no
longer subject to Filed pursuant to Section 16(a) of the Securities
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the
or Form 5 obligations Public Utility Holding Company Act of 1935
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
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<S> <C> <C> <C> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Henninger, Jr. Robert J. Republic Industries, Inc. (RWIN) Issuer (Check all applicable)
- --------------------------------------------- ---------------------------------------------- Director 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
450 E. Las Olas Blvd. Number of Reporting Month/Year X Officer (give Other (Specify
- --------------------------------------------- Person (Voluntary) 1/97 ---- title --- below)
(Street) ------------------ below)
Ft. Lauderdale FL 33301 5. If Amendment, Sr. Vice President
- --------------------------------------------- Date of Original --------------------------------
(City) (State) (Zip) (Month/Year)
7. Individual or Joint/Group Filing
------------------ (Check applicable line)
X Form filed by one
---- Reporting Person
Form filed by more than
---- one Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ --------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
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Common Stock 1/16/97 A(1) 108,898 A (2) 308,898 D
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*If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Response) (8/96)
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Common Stock Option Common
(Right to buy) 16.125 04/26/96 A A (3) 04/26/2006 Stock 65,117
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Common Stock Option Common
(Right to buy) 28.625 01/03/97 A A (4) 01/03/2007 Stock 47,162
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Common Stock Option Common
(Right to buy) 4.59145 01/16/97 A(1) A (5) 11/22/2005 Stock 10,890
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1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative Form of Indirect
(Instr. 3) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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Common Stock Option
(Right to buy) 65,117 D
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Common Stock Option
(Right to buy) 47,162 D
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Common Stock Option
(Right to buy) 10,890 D
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Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Robert J. Henninger 2/10/97
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
Note. File three copies of this form, one of which must be manually signed. Page 2
If space provided is insufficient, see Instruction 6 for procedure. (8/96)
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(1) Transaction approved by the Board of Directors pursuant to
Rule 16b-3(d)(l).
(2) Exchanged for 500,000 shares of common stock of AutoNation Incorporated,
having a value of $14.31 a share, pursuant to the merger of a wholly-owned
subsidiary of the Issuer into AutoNation.
(3) The options have been granted pursuant to the Amended and Restated 1995
Employee Stock Option Plan and have a term of ten years, expiring on
04/26/2006. The options are exercisable to the extent of 25% on each
anniversary thereafter, commencing 04/26/1997, until fully vested.
(4) The options have been granted pursuant to the Amended and Restated 1995
Employee Stock Option Plan and have a term of ten years, expiring on
01/03/2007. The options are exercisable to the extent of 25% on each
anniversary thereafter, commencing 01/03/1998, until fully vested.
(5) The options have been granted pursuant to the AutoNation Incorporated 1995
Employee Stock Option Plan, which was assumed by Republic Industries, Inc.
in connection with its acquisition of AutoNation in January 1997. Options
originally granted under such plan to acquire shares of AutoNation common
stock converted into options to acquire Republic common stock. Such options
have a term of ten years expiring on 11/22/2005. 25% of such options are
presently exercisable, with the remaining 75% vesting to the extent of 25%
on 11/22/97 and each anniversary thereafter until fully vested.
