|4Apr 10, 6:15 PM ET

DYKE JEFF 4

4 · SONIC AUTOMOTIVE INC · Filed Apr 10, 2023

Insider Transaction Report

Form 4
Period: 2023-04-10
DYKE JEFF
DirectorPresident
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2023-04-10$16.76/sh+86,596$1,451,349900,795 total
  • Sale

    Class A Common Stock

    2023-04-10$50.80/sh86,596$4,399,198814,199 total
  • Exercise/Conversion

    Options to purchase

    2023-04-1086,5960 total
    Exercise: $16.76From: 2020-04-10Exp: 2030-04-10Class A Common Stock (86,596 underlying)
Holdings
  • Class A Common Stock

    (indirect: By LLC)
    176,622
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

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION