SEC Form 4 · accession 0001023128-17-000055
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 26, 2017
Accepted (ET)
Apr 26, 2017 · 8:13 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,F2,F3 | Apr 26, 2017 | S | 10,000 | $95.875 | D | 180,000 | I | by DeBoer Family LLC |
| Class A Common Stock | holding | — | — | — | 79,625 | D | ||
| Class A Common Stock | holding | — | — | — | 3,051 | I | by Wife Jointly |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were sold pursuant to a pre-established Rule 10b5-1 plan.
- F2Represents the weighted average share price of the Issuer's common stock sold in the price range of $95.75 to $96.00. 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.
- F3By The Sidney B. DeBoer Trust and DeBoer Family LLC. The 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.