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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
Hudson Harris W. Republic Industries, Inc. (RWIN) Issuer (Check all applicable)
- ------------------------------------------ ---------------------------------------------- x 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) January 1997 ---- title --- below)
(Street) ---------------- below)
Ft. Lauderdale FL 33301 5. If Amendment, Vice-Chairman
- ------------------------------------------ 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 12/30/96 J(1) V 17,200,000 D N/A
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Common Stock 12/30/96 J(1) V 17,200,000 A N/A
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Common Stock 01/16/97 A(2) 21,779 A (3) 17,221,779 I (4)
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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)
<S> <C> <C> <C> <C> <C> <C> <C>
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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 Warrants Common
(Right to buy) 2.25 12/30/96 J(1) V D Immed. 08/31/97 Stock 1,200,000
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Common Stock Warrants Common
(Right to buy) 2.25 12/30/96 J(1) V A Immed. 08/31/97 Stock 1,200,000
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Common Stock Warrants Common
(Right to buy) 2.75 12/30/96 J(1) V D Immed. 08/31/98 Stock 600,000
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Common Stock Warrants Common
(Right to buy) 2.75 12/30/96 J(1) V A Immed. 08/31/98 Stock 600,000
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Common Stock Warrants Common
(Right to buy) 3.50 12/30/96 J(1) V D Immed. 08/31/99 Stock 600,000
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Common Stock Warrants Common
(Right to buy) 3.50 12/30/96 J(1) V A Immed. 08/31/99 Stock 600,000
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Common Stock Options Common
(Rights to buy) 16.125 04/26/96 A A (5) 04/26/2006 Stock 186,047
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Common Stock Options Common
(Right to buy) 28.625 01/03/97 A A (6) 01/03/2007 Stock 324,672
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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)
Common Stock Warrants
(Right to buy) -0- D
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Common Stock Warrants
(Right to buy) 1,200,000 I (4)
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Common Stock Warrants
(Right to buy) -0- D
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Common Stock Warrants
(Right to buy) 600,000 I (4)
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Common Stock Warrants
(Right to buy) -0- D
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Common Stock Warrants
(Right to buy) 600,000 I (4)
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Common Stock Options
(Right to buy) 186,047 D
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Common Stock Options
(Right to buy) 324,672 D
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Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Harris W. Hudson 2/10/97
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
Harris W. Hudson
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) Transfer of common stock and warrants from direct ownership to indirect
ownership through Harris W. Hudson Limited Partnership.
(2) Transaction approved by the Board of Directors pursuant to Rule 16b-3(d)(1).
(3) Exchanged for 100,000 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 Incorporated.
(4) Indirect by Harris W. Hudson Limited Partnership, of which the sole general
partner is Harris W. Hudson, Inc., and the sole limited partner is the
Reporting Person. The Reporting Person is the sole shareholder of Harris W.
Hudson, Inc.
(5) 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.
(6) 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.
