4//SEC Filing
Abrams David C 4
Accession 0001567619-19-019972
CIK 0001023128other
Filed
Oct 23, 8:00 PM ET
Accepted
Oct 24, 8:37 PM ET
Size
15.4 KB
Accession
0001567619-19-019972
Insider Transaction Report
Form 4
PAMET CAPITAL MANAGEMENT, LP
10% Owner
Transactions
- Gift
Class A Common Stock
2019-08-27−10→ 0 total(indirect: See Footnotes) - Small Acquisition
Class A Common Stock
2019-08-16$126.55/sh+10$1,266→ 10 total(indirect: See Footnotes) - Sale
Class A Common Stock
2019-10-24$152.42/sh−73,933$11,269,090→ 2,226,067 total(indirect: See Footnotes)
Abrams David C
10% Owner
Transactions
- Small Acquisition
Class A Common Stock
2019-08-16$126.55/sh+10$1,266→ 10 total(indirect: See Footnotes) - Sale
Class A Common Stock
2019-10-24$152.42/sh−73,933$11,269,090→ 2,226,067 total(indirect: See Footnotes) - Gift
Class A Common Stock
2019-08-27−10→ 0 total(indirect: See Footnotes)
PAMET CAPITAL MANAGEMENT LLC
10% Owner
Transactions
- Small Acquisition
Class A Common Stock
2019-08-16$126.55/sh+10$1,266→ 10 total(indirect: See Footnotes) - Sale
Class A Common Stock
2019-10-24$152.42/sh−73,933$11,269,090→ 2,226,067 total(indirect: See Footnotes) - Gift
Class A Common Stock
2019-08-27−10→ 0 total(indirect: See Footnotes)
ABRAMS CAPITAL LLC
10% Owner
Transactions
- Sale
Class A Common Stock
2019-10-24$152.42/sh−73,933$11,269,090→ 2,226,067 total(indirect: See Footnotes) - Small Acquisition
Class A Common Stock
2019-08-16$126.55/sh+10$1,266→ 10 total(indirect: See Footnotes) - Gift
Class A Common Stock
2019-08-27−10→ 0 total(indirect: See Footnotes)
Footnotes (6)
- [F1]Represents the weighted average purchase price of shares purchased in a series of open market transactions on the transaction date at prices ranging from $152.2307 to $153.2776 per share. The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
- [F2]Represents shares purchased by David Abrams.
- [F3]Represents shares gifted by David Abrams.
- [F4]Shares reported herein as beneficially owned by Abrams Capital, LLC ("Abrams Capital") represent shares held for the account of private investment funds for which Abrams Capital serves as general partner. Shares reported herein for Abrams Capital Management, L.P. (the "LP") and Abrams Capital Management, LLC (the "LLC") represent the above-referenced shares beneficially owned by private investment funds for which the LP serves as investment manager. The LLC is the general partner of the LP. Shares reported herein for Mr. Abrams represent the above referenced shares reported for Abrams Capital and the LLC. Mr. Abrams is the managing member of Abrams Capital and the LLC.
- [F5]Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- [F6]Of the shares sold on October 24, 2019, 0 shares may be deemed to have been beneficially owned by Abrams Capital and all of such shares may be deemed to have been beneficially owned by Mr. Abrams, the LP and the LLC. As of October 24, 2019, Abrams Capital may be deemed to beneficially own 2,189,101 of the shares reported herein, and Mr. Abrams, the LP and the LLC may be deemed to beneficially own all of such shares.
Documents
Issuer
LITHIA MOTORS INC
CIK 0001023128
Entity typeother
Related Parties
1- filerCIK 0001292250
Filing Metadata
- Form type
- 4
- Filed
- Oct 23, 8:00 PM ET
- Accepted
- Oct 24, 8:37 PM ET
- Size
- 15.4 KB