SEC Form 4 · accession 0001023128-15-000032
LITHIA MOTORS INC · LAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan O Cain
Director
Period of report
Mar 11, 2015
Accepted (ET)
Mar 11, 2015 · 6:51 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 Stock | Mar 11, 2015 | M | 1,833 | $8.92 | A | 13,864 | D | |
| Class A Common StockF1 | Mar 11, 2015 | S | 1,833 | $88.414 | D | 12,031 | D | |
| Class A Common StockF2 | holding | — | — | — | 2,000 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $8.92 | Mar 11, 2015 | M | 1,833 | D | Apr 28, 2010 | Jun 10, 2015 | Class A Common Stock | 1,833 | 0 | D |
Explanation of responses
- F1Represents the weighted average share price of the Issuer's common stock sold in the price range of $88.300 to $88.460. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or a security holder, full information regarding the number of shares sold at each separate price.
- F2Shares held by The Cain Family Trust