SEC Form 4 · accession 0000893877-16-000027
LITHIA MOTORS INC · LAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sidney B Deboer
Director
Period of report
Apr 25, 2016
Accepted (ET)
Apr 27, 2016 · 4:49 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 | Apr 25, 2016 | J | 43,880 | $80.39 | D | 21,940 | I | by DeBoer Family LLC |
| Class A Common StockF4,F3 | Apr 26, 2016 | J | 21,940 | $85.36 | D | 0 | I | by DeBoer Family LLC |
| Class A Common Stock | holding | — | — | — | 165,007 | D | ||
| Class A Common Stock | 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.
- F2DeBoer Family LLC redeemed membership interests in DeBoer Family LLC from certain members of DeBoer Family LLC, not including the Sidney B. DeBoer Trust. 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 25, 2016.
- F3The 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 row 1 and row 2 of column 5 of Table I, and the Sidney B. DeBoer Trust is a member and the sole manager of DeBoer Family LLC.
- F4DeBoer Family LLC redeemed membership interests in DeBoer Family LLC from certain members of DeBoer Family LLC, not including the Sidney B. DeBoer Trust. 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 26, 2016.