SEC Form 4/A · accession 0001209191-17-021084
PENSKE AUTOMOTIVE GROUP, INC. · PAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Roger S Penske
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Feb 8, 2017
Accepted (ET)
Mar 16, 2017 · 4:13 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 Stock (Restricted Shares)F1,F2,F3,F4 | Feb 8, 2017 | A | 87,085 | — | A | 1,080,422 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is being amended to correct the number of shares awarded which was previously noted improperly due to a computational error.
- F215% of the shares vest on June 1, 2018, 15% of the shares vest on June 1, 2019, 20% of the shares vest on June 1, 2020 and 50% of the shares vest on June 1, 2021.
- F3Price is not relevant to this transaction.
- F4Mr. Penske also reports indirect beneficial ownership of 32,584,940 shares held by Penske Automotive Holdings Corp. (a subsidiary of Penske Corporation) and 492,185 shares held by Penske Corporation. 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.