Liang George Chun-Wai 4
4 · LITHIA MOTORS INC · Filed Feb 12, 2019
Insider Transaction Report
Form 4
Liang George Chun-Wai
Senior Vice President
Transactions
- Award
Class A Common Stock
2019-02-11+2,243→ 8,927 total - Tax Payment
Class A Common Stock
2019-02-11$84.32/sh−768$64,758→ 8,159 total
Footnotes (3)
- [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 2016. Compensation Committee certification of the achievement of the performance condition of 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.