SEC Form 4 · accession 0000893877-18-000021
LITHIA MOTORS INC · LAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sidney B Deboer
Director
Period of report
May 1, 2018
Accepted (ET)
May 2, 2018 · 4:34 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 StockF1 | May 1, 2018 | F | 165 | $98.22 | D | 1,495 | D | |
| Class A Common StockF2,F3 | holding | — | — | — | 75,670 | I | by DeBoer Family LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were withheld by the issuer to cover witholding taxes upon vesting of restricted stock units.
- F2As permitted by instruction 4(b)(iv), the reporting person is reporting beneficial ownership of all shares of Class A Common Stock held by DeBoer Family LLC. The reporting person disclaims beneficial ownership of these shares 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 the reported shares for purposes of Section 16 or any other purpose.
- 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 listed on row 2 of table I and the Sidney B. DeBoer Trust is a member and the sole manager of DeBoer Family LLC.