4//SEC Filing
Liang George Chun-Wai 4
Accession 0001023128-18-000026
CIK 0001023128other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 8:06 PM ET
Size
8.4 KB
Accession
0001023128-18-000026
Insider Transaction Report
Form 4
Liang George Chun-Wai
Senior Vice President
Transactions
- Tax Payment
Class A Common Stock
2018-02-22$110.04/sh−542$59,642→ 3,683 total - Award
Class A Common Stock
2018-02-22+3,783→ 7,466 total - Award
Class A Common Stock
2018-02-22+1,585→ 4,225 total
Footnotes (4)
- [F1]Shares of Class A Common Stock were issued in settlement of restricted stock units that were earned and vested under a long-term restricted stock unit agreement entered into in 2015. Compensation Committee certification of the achievement of the performance criteria for the award occurred on the transaction date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F3]Shares were withheld by the issuer to cover withholding taxes upon vesting of restricted stock units.
- [F4]Restricted stock units were awarded and earned under a performance and time-vesting restricted stock unit agreement entered into in 2017. Compensation Committee certification of the achievement of the performance condition for the award occurred on the transaction date. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the restricted stock units vest in equal installments on January 1 of each of 2019, 2020 and 2021.
Documents
Issuer
LITHIA MOTORS INC
CIK 0001023128
Entity typeother
Related Parties
1- filerCIK 0001625940
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 8:06 PM ET
- Size
- 8.4 KB