Byrd Heath 4
4 · SONIC AUTOMOTIVE INC · Filed Feb 7, 2025
Insider Transaction Report
Form 4
Byrd Heath
EVP and CFO
Transactions
- Award
Performance-Based Restricted Stock Units
2025-02-05+23,487→ 23,487 total→ Class A Common Stock (23,487 underlying)
Footnotes (2)
- [F1]Each performance-based restricted stock unit represents a contingent right to receive, upon the satisfaction of certain performance criteria, one share of Class A Common Stock, the equivalent cash value, or a combination of both, at the option and sole discretion of the Compensation Committee of Sonic Automotive, Inc.
- [F2]If the performance criteria are met, this award will vest in three annual installments, with twenty-five percent (25%) of the units vesting on March 31, 2026, thirty percent (30%) of the units vesting on February 5, 2027, and forty-five percent (45%) of the units vesting on February 5, 2028.