Stork David 4
4 · LITHIA MOTORS INC · Filed Feb 17, 2022
Insider Transaction Report
Form 4
Stork David
Chief Administrative Officer
Transactions
- Award
Common Stock
2022-02-17+1,064→ 2,030 total
Footnotes (2)
- [F1]Restricted stock units were awarded and earned under a performance and time-vesting restricted stock unit agreement entered into in 2021. 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 installments on January 1 of each of 2023, 2024, and 2025.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.