AutoZone's Sr. Vice President just cashed-in 740 options

Preston Frazer, AutoZone's Sr. Vice President, recently cashed-in 740 options. The options were exercised at prices ranging between $371.47 and $425.11, while the disposals took place at $1322.87 per share, on March 19, 2021. Frazer continues to hold 1,497 shares of the company. Frazer operates out of Memphis, TN. Some additional info was provided as follows:

This price represents the weighted average price per shares of common stock, par value $0.01 per share (each a "Share"), of AutoZone, Inc. ("Issuer"), of sales that were executed at prices ranging from $1322.75 -$1323.07 per Share. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission ("SEC") staff, the Issuer or a security holder of the Issuer, full information re garding the number of Shares sold at each price.
Granted in accordance with the Amended and Restated AutoZone, Inc. 2011 Equity Incentive Award Plan.
Options exercisable in one-fourth increments on September 27, 2013, 2014, 2015, and 2016 respectively.
Options exercisable in one-fourth increments on October 1, 2014, 2015, 2016 and 2017, respectively.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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