SEC Form 4/A · accession 0000893877-16-000025
LITHIA MOTORS INC · LAD
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
Sidney B Deboer
Director
Period of report
Apr 14, 2016
Accepted (ET)
Apr 18, 2016 · 8:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023128
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2,F3,F4 | Apr 14, 2016 | J | 33,068 | $88.98 | D | 65,820 | I | By DeBoer Family LLC |
| Class A Common StockF5 | holding | — | — | — | 163,441 | D | ||
| Class A Common StockF6 | holding | — | — | — | 2,349 | I | By wife jointly |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Distribution from DeBoer Family LLC to certain members of DeBoer Family LLC, not including the Sidney B. DeBoer Trust. Shares distributed to the Sidney B. DeBoer Trust are reported on the next row down in Table I.
- F2DeBoer Family LLC redeemed membership interests in DeBoer Family LLC from certain of the members of DeBoer Family LLC. The price shown is the value of one share of the issuer's Class A Common Stock at the close of the New York Stock Exchange on April 14, 2016.
- F3As permitted by instruction 4(b)(iv) to Form 4, the reporting person is reporting beneficial ownership of all of shares of Lithia Motors, Inc. Class A Common Stock owned by DeBoer Family LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F4The reporting person is the settlor of the Sidney B. DeBoer Trust, and the Sidney B. DeBoer Trust is revocable by the reporting person at any time at the reporting person's option. DeBoer Family LLC is the direct owner of the securities shown in column 5 of Table I, and the Sidney B. DeBoer Trust is a member and the sole manager of DeBoer Family LLC.
- F5These shares were received in redemption of the Sidney B. DeBoer Trust's membership interest in DeBoer Family LLC. In prior reports, the reporting person reported beneficial ownership of these shares indirectly through DeBoer Family LLC.
- F6These shares were received in redemption of the Sidney B. DeBoer Trust's membership interest in DeBoer Family LLC and transferred to the reporting person's wife. In prior reports, the reporting person reported beneficial ownership of these shares indirectly through DeBoer Family LLC.