4//SEC Filing
SMITH DAVID BRUTON 4
Accession 0001043509-24-000055
CIK 0001043509other
Filed
May 14, 8:00 PM ET
Accepted
May 15, 4:44 PM ET
Size
9.7 KB
Accession
0001043509-24-000055
Insider Transaction Report
Form 4
SMITH DAVID BRUTON
DirectorChairman and CEO10% Owner
Transactions
- Sale
Class A Common Stock
2024-05-15$59.36/sh−16,646$988,105→ 583,054 total - Exercise/Conversion
Options to purchase
2024-05-15−16,646→ 0 totalExercise: $16.76From: 2020-04-10Exp: 2030-04-10→ Class A Common Stock (16,646 underlying) - Exercise/Conversion
Class A Common Stock
2024-05-15$16.76/sh+16,646$278,987→ 599,700 total
Holdings
- 836,534(indirect: By LLC)
Class A Common Stock
Footnotes (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $58.31 per share to $59.86 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]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.
- [F3]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
Issuer
SONIC AUTOMOTIVE INC
CIK 0001043509
Entity typeother
Related Parties
1- filerCIK 0001448501
Filing Metadata
- Form type
- 4
- Filed
- May 14, 8:00 PM ET
- Accepted
- May 15, 4:44 PM ET
- Size
- 9.7 KB