SMITH O BRUTON 4
4 · SONIC AUTOMOTIVE INC · Filed Feb 14, 2020
Insider Transaction Report
Form 4
SMITH O BRUTON
DirectorChairman and CEO10% Owner
Transactions
- Award
Class A Common Stock
2020-02-12+71,257→ 1,036,424 total
Footnotes (1)
- [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 2020. 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, 2021, thirty percent (30%) of the shares vesting on February 12, 2022, and forty-five percent (45%) of the shares vesting on February 12, 2023.