Hillier Scott 4
4 · LITHIA MOTORS INC · Filed Feb 22, 2021
Insider Transaction Report
Form 4
Hillier Scott
Sr. VP/ Operations
Transactions
- Award
Class A Common Stock
2021-02-18+6,167→ 65,596 total - Sale
Class A Common Stock
2021-02-22$375.00/sh−5,503$2,063,625→ 60,093 total
Footnotes (2)
- [F1]Restricted stock units were awarded and earned under a performance and time-vesting restricted stock unit agreement entered into in 2020. 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 2022, 2023 and 2024.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.