SEC Form 4 · accession 0001209191-16-140921
PENSKE AUTOMOTIVE GROUP, INC. · PAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger S Penske
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Sep 8, 2016
Accepted (ET)
Sep 12, 2016 · 4:04 pm EDT
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 StockF1 | Sep 8, 2016 | P | 170,000 | $48.4911 | A | 32,427,338 | I | By Penske Automotive Holdings Corp. |
| Common StockF2,F3 | Sep 9, 2016 | P | 157,602 | $47.6171 | A | 32,584,940 | I | By Penske Automotive Holdings Corp. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trade prices ranging from $48.18 to $48.88. The price reported above 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 fully information regarding the number of shares and prices at which the transaction was effected.
- F2This transaction was executed in multiple trade prices ranging from $47.04 to $48.36. The price reported above 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 fully information regarding the number of shares and prices at which the transaction was effected.
- F3In addition to the 32,584,940 shares held by Penske Automotive Holdings Corp. (a subsidiary of Penske Corporation), Mr. Penske reports benefical ownership of 492,185 shares held by Penske Corporation and reports direct ownership of 993,337 shares. Mr. Penske disclaims beneficial ownership of the securities held indirectly, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities.