Form 4 for SAH SONIC AUTOMOTIVE INC
Accepted 2023-02-17 00:00:00 ET · period of report 2023-02-17 · accession 0001209191-23-010765 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-17 | 2023-02-17 | SAH | DYKE JEFF | Pres, Dir | M - OptEx | $16.76 | +86.6K | 911.8K | +10% | +$1.45M |
| D | 2023-02-17 | 2023-02-17 | SAH | DYKE JEFF | Pres, Dir | S - Sale+OE | $57.31 | -93.1K | 818.7K | -10% | -$5.34M |
| DI | 2023-02-17 | 2023-02-17 | SAH | DYKE JEFF | Pres, Dir | S - Sale+OE | $56.83 | -22.7K | 176.6K | -11% | -$1.29M |
| D | 2023-02-17 | 2023-02-17 | SAH | DYKE JEFF | Pres, Dir | M - OptEx | $0.00 | -86.6K | 86.6K | -50% | $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 | Class A Common Stock | 2023-02-17 | M | A | 86,596 | $16.76 | 911,813 | D by Ash & Erin, LLC | — | — | |
| 2 | Common | Class A Common Stock | 2023-02-17 | S | D | 93,114 | $57.31 | 818,699 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $56.70 per share to $58.83 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. |
| 3 | Common | Class A Common Stock | 2023-02-17 | S | D | 22,710 | $56.83 | 176,622 | I | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $56.24 per share to $57.18 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. |
| 4 | Derivative | Options to purchase | 2023-02-17 | M | D | 86,596 | $0.00 | 86,596 | D | $16.76 · 2020-04-10 to 2030-04-10 | 86,586 Class A Common Stock | (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. |