4//SEC Filing
DYKE JEFF 4
Accession 0001209191-23-023938
CIK 0001043509other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 6:15 PM ET
Size
10.3 KB
Accession
0001209191-23-023938
Insider Transaction Report
Form 4
DYKE JEFF
EVP of Operations
Transactions
- Exercise/Conversion
Class A Common Stock
2023-04-10$16.76/sh+86,596$1,451,349→ 900,795 total - Sale
Class A Common Stock
2023-04-10$50.80/sh−86,596$4,399,198→ 814,199 total - Exercise/Conversion
Options to purchase
2023-04-10−86,596→ 0 totalExercise: $16.76From: 2020-04-10Exp: 2030-04-10→ Class A Common Stock (86,596 underlying)
Holdings
- 176,622(indirect: By LLC)
Class A Common Stock
Footnotes (4)
- [F1]Employee stock options exercised and corresponding shares sold pursuant to pre-established 10b5-1 Trading Plan.
- [F2]This transaction was executed in multiple trades at prices ranging from $50.02 per share to $51.61 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]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.
- [F4]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 0001448228
Filing Metadata
- Form type
- 4
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 6:15 PM ET
- Size
- 10.3 KB