Byrd Heath 4
4 · SONIC AUTOMOTIVE INC · Filed Feb 8, 2024
Insider Transaction Report
Form 4
Byrd Heath
EVP and CFO
Transactions
- Award
Class A Common Stock
2024-02-07+38,175→ 218,319 total
Holdings
- 12,129(indirect: By LLC)
Class A Common Stock
Footnotes (2)
- [F1]Represents shares of Class A Common Stock issuable upon conversion of restricted stock units granted by the Compensation Committee of Sonic Automotive, Inc. pursuant to the Sonic Automotive, Inc. 2012 Stock Incentive Plan. The restricted stock units may only be settled in shares of Class A Common Stock and are subject to forfeiture based on the satisfaction of performance criteria for fiscal year 2024. If the performance criteria are met, this award will vest in three annual installments, with twenty-five percent (25%) of the shares vesting on March 31, 2025, thirty percent (30%) of the shares vesting on February 7, 2026, and forty-five percent (45%) of the shares vesting on February 7, 2027.
- [F2]The reporting person disclaims beneficial ownership of such shares of Sonic Automotive, Inc.'s Class A Common Stock, except to the extent of his pecuniary interest therein.