Carlson John D. Jr. 4
4 · PENSKE AUTOMOTIVE GROUP, INC. · Filed Jun 3, 2021
Insider Transaction Report
Form 4
Carlson John D. Jr.
SVP & Corporate Controller
Transactions
- Tax Payment
Common Stock (Restricted Shares)
2021-06-01$86.96/sh−15,080$1,311,357→ 28,359 total
Footnotes (1)
- [F1]Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock that vested on June 1, 2021, including shares withheld for payment of taxes in connection with the accelerated vesting of Mr. Carlson's 29,022 shares of restricted stock which would have otherwise vested in years 2022-2025. Mr. Carlson tendered his resignation from the Company effective June 1, 2021 and in light of Mr. Carlson's 15 years of meritorious service, the Company agreed to the accelerated vesting of the shares of restricted stock which would have otherwise vested in years 2022-2025.