Celeste Marguerite 4
4 · LITHIA MOTORS INC · Filed Feb 23, 2023
Insider Transaction Report
Form 4
Celeste Marguerite
Senior Vice President
Transactions
- Award
Lithia Motors Inc Common Stock
2023-02-22+1,239→ 2,460 total - Award
Lithia Motors Inc Common Stock
2023-02-22+596→ 3,056 total
Footnotes (3)
- [F1]Restricted stock units were awarded and earned under performance and time-vesting restricted stock unit agreements entered into on 01-03-2022. 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 1st of each of the following years: 2024, 2025, 2026.
- [F2]Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F3]Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the restricted stock units vest on January 1st of each of the following years: 2024, 2025, 2026.