LITHIA MOTORS INC 4

4 · LITHIA MOTORS INC · Filed Jan 8, 2004

Form 4

Period: 2003-12-12

DirectorPresident of Corporate Affairs

Transactions

Exercise/Conversion
Stock Option (1999sd) (ISO) (right to buy)
2004-01-01−12,000→ 0 total
Exercise: $18.15Exp: 2004-01-01→ Class A Common (12,000 underlying)
Gift
Class A Common
2003-12-12−3,200→ 109,700 total
Gift
Class A Common
2003-12-16−3,000→ 106,700 total
Exercise/Conversion
Class A Common
2004-01-01$18.15/sh+12,000$217,800→ 118,700 total

Holdings

Stock Option (2001) (NQ) (right to buy)
Exercise: $1.00From: 2005-12-26Exp: 2010-12-26→ Class A Common (16,000 underlying)
16,000
Stock Option (2000sd) (NQ) (right to buy)
Exercise: $16.75Exp: 2010-01-06→ Class A Common (22,010 underlying)
22,010
Class B Common
(indirect: By LLC)
Exercise: $0.00→ Class A Common (1,390,188 underlying)
1,390,188
Stock Option (2001nq) (right to buy)
Exercise: $19.24From: 2006-12-26Exp: 2011-12-26→ Class A Common (16,000 underlying)
16,000
Class A Common
(indirect: By 401(k))
26,045
Stock Option (1997sd) (NQ) (right to buy)
Exercise: $1.00Exp: 2005-12-31→ Class A Common (3,636 underlying)
3,636
Stock Option (2000sd) (ISO) (right to buy)
Exercise: $18.43Exp: 2005-01-06→ Class A Common (9,990 underlying)
9,990
Stock Option (2002nq) (right to buy)
Exercise: $15.13From: 2007-12-26Exp: 2012-12-26→ Class A Common (16,000 underlying)
16,000
Stock Option (2001sd) (NQ) (right to purchase)
Exercise: $11.81Exp: 2010-12-26→ Class A Common (31,788 underlying)
31,788
Class A Common
(indirect: By Spouse)
15,964
Stock Option (2001) (ISO) (right to purchase)
Exercise: $12.99From: 2000-12-26Exp: 2005-12-26→ Class A Common (7,494 underlying)
7,494

Footnotes (7)

[F1]The options vest as follows: 292 on 1/1/00, 5,509 on 1/1/01, 5,508 on 1/1/02 and 691 on 1/6/03.
[F2]Class B Common converts to Class A Common on a 1:1 ratio at holder's discretion.
[F3]The Class B Common stock is owned by Heimann Family, LLC, of which M.L. Dick Heimann is the majority member and its sole manager and he has elected to report all of the securities owned by the LLC as being beneficially owned by him.
[F4]The options vest as to 20% of the total grant on the date of grant and 20% each anniversary date thereafter.
[F5]The options vest as follows: 4,745 on 1/6/03 and 5,245 on 1/6/04.
[F6]The options vest as follows: 13,627 on 1/6/01 and 8,383 on 1/6/02.
[F7]The options vest 8,360 shares on 12/26/00, 2,108 on 12/26/02, 10,565 on 12/26/03 and 10,755 on 12/26/04

Documents

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