Byrd Heath 4
4 · SONIC AUTOMOTIVE INC · Filed Sep 8, 2023
Insider Transaction Report
Form 4
Byrd Heath
EVP and CFO
Transactions
- Exercise/Conversion
Class A Common Stock
2023-09-06$16.76/sh+3,800$63,688→ 172,422 total - Sale
Class A Common Stock
2023-09-06$54.00/sh−3,800$205,200→ 168,622 total - Exercise/Conversion
Options to purchase
2023-09-06−3,800→ 34,186 totalExercise: $16.76From: 2020-04-10Exp: 2030-04-10→ Class A Common Stock (3,800 underlying)
Holdings
- 23,651(indirect: By LLC)
Class A Common Stock
Footnotes (3)
- [F1]Stock options exercised and corresponding shares sold pursuant to pre-established 10b5-1 Trading Plan entered into on February 17, 2023.
- [F2]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.
- [F3]The date indicated is the grant date, and the options vest in three equal installments on the anniversary of the grant date, subject to continued employment requirements and compliance with certain restrictive covenants.