SMITH DAVID BRUTON 4

Accession 0001043509-24-000054

CIK 0001043509other

View on SEC.gov Company Profile

Filed

May 13, 8:00 PM ET

Accepted

May 14, 4:50 PM ET

Size

20.3 KB

Accession

0001043509-24-000054

Insider Transaction Report

Form 4

Period: 2024-05-10

SONIC AUTOMOTIVE INCSAH

SMITH DAVID BRUTON

DirectorChairman and CEO10% Owner

Transactions

Exercise/Conversion
Class A Common Stock
2024-05-10$16.76/sh+1,747$29,280→ 584,801 total
Sale
Class A Common Stock
2024-05-10$58.50/sh−1,747$102,208→ 583,054 total
Exercise/Conversion
Class A Common Stock
2024-05-13$16.76/sh+20,653$346,144→ 603,707 total
Sale
Class A Common Stock
2024-05-13$59.26/sh−20,653$1,223,961→ 583,054 total
Exercise/Conversion
Options to purchase
2024-05-13−20,653→ 58,416 total
Exercise: $16.76From: 2020-04-10Exp: 2030-04-10→ Class A Common Stock (20,653 underlying)
Exercise/Conversion
Class A Common Stock
2024-05-14$16.76/sh+41,770$700,065→ 624,824 total
Sale
Class A Common Stock
2024-05-14$59.27/sh−41,770$2,475,629→ 583,054 total
Exercise/Conversion
Options to purchase
2024-05-10−1,747→ 79,069 total
Exercise: $16.76From: 2020-04-10Exp: 2030-04-10→ Class A Common Stock (1,747 underlying)
Exercise/Conversion
Options to purchase
2024-05-14−41,770→ 16,646 total
Exercise: $16.76From: 2020-04-10Exp: 2030-04-10→ Class A Common Stock (41,770 underlying)

Holdings

Class A Common Stock
(indirect: By LLC)
836,534

Footnotes (5)

[F1]This transaction was executed in multiple trades at prices ranging from $58.29 per share to $58.91 per share. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
[F2]This transaction was executed in multiple trades at prices ranging from $58.29 per share to $60.63 per share. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
[F3]This transaction was executed in multiple trades at prices ranging from $58.81 per share to $60.00 per share. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
[F4]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.
[F5]The date indicated is the grant date, and the options vest in three equal annual installments on the anniversary of the grant date, subject to continued employment requirements and compliance with certain restrictive covenants.

Documents

1 file

4
wk-form4_1715719794.xmlPrimary
FORM 4

Issuer

SONIC AUTOMOTIVE INC

CIK 0001043509

→

Entity typeother

Related Parties

filerCIK 0001448501

Filing Metadata

Form type: 4
Filed: May 13, 8:00 PM ET
Accepted: May 14, 4:50 PM ET
Size: 20.3 KB

View on SEC.gov