Form 4 for LAD LITHIA MOTORS INC
Accepted 2023-02-23 00:00:00 ET · period of report 2023-02-22 · accession 0001023128-23-000041 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-02-23 | 2023-02-22 | LAD | Holzshu Chris | EVP | A - Grant | $0.00 | +13.7K | 47.9K | +40% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Lithia Motors Inc Common Stock | 2023-02-22 | A | A | 5,565 | $0.00 | 53,510 | D | — | — | (F3) Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the restricted stock units vest on January 1st of each of the following years: 2024, 2025, 2026. |
| 2 | Common | Lithia Motors Inc Common Stock | 2023-02-22 | A | A | 8,141 | $0.00 | 47,945 | D | — | — | (F1) Restricted stock units were awarded and earned under performance and time-vesting restricted stock unit agreements entered into on 01-03-2022. Compensation Committee certification of the achievement of the performance condition for the award occurred on the transaction date. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the restricted stock units vest in installments on January 1st of each of the following years: 2024, 2025, 2026. (F2) Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. |