SEC Form 4 · accession 0001209191-16-102302
PENSKE AUTOMOTIVE GROUP, INC. · PAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shane M. Spradlin
Officer — EVP, Gen. Counsel & Sec.
Period of report
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 4:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001019849
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock (Restricted Shares)F1,F2,F3 | Feb 23, 2016 | A | 7,500 | — | A | 49,746 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F115% of the shares vest on June 1, 2017, 15% of the shares vest on June 1, 2018, 20% of the shares vest on June 1, 2019 and 50% of the shares vest on June 1, 2020.
- F2Price is not relevant to this transaction.
- F3The Reporting Person also indirectly owns 3,077 shares in the Company's 401(k) plan.