SEC Form 4 · accession 0001127602-15-020942
GROUP 1 AUTOMOTIVE INC · GPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Earl J Hesterberg
Officer — President & CEO · Director
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 4:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001031203
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 8, 2015 | G | 14,600 | $0.00 | D | 444,424 | D | |
| Common StockF1 | May 8, 2015 | G | 14,600 | $0.00 | A | 14,600 | I | Susan Hesterberg, Trustee of Irrevocable Trust B |
| Common Stock | May 8, 2015 | G | 14,600 | $0.00 | D | 429,824 | D | |
| Common StockF1 | May 8, 2015 | G | 14,600 | $0.00 | A | 14,600 | I | Susan Hesterberg, Trustee of Irrevocable Trust J |
| Common Stock | May 8, 2015 | G | 14,600 | $0.00 | D | 415,224 | D | |
| Common StockF1 | May 8, 2015 | G | 14,600 | $0.00 | A | 14,600 | I | Susan Hesterberg, Trustee of Irrevocable Trust M |
| Common StockF2 | Jun 15, 2015 | S | 5,000 | $89.7595 | D | 410,224 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person is the Grantor of Hesterberg Irrevocable Trust B, J and M (collectively, the "Trusts"). Members of the reporting person's immediate family are the beneficiaries and the Trustee of the Trusts. The reporting person disclaims beneficial ownership of the Group 1 Automotive, Inc. stock held by the Trusts, except to the extent of his pecuniary interest therein.
- F2Includes shares purchased in the Group 1 Automotive, Inc. Employee Stock Purchase Plan. The plan provides for a stock purchase discount of 15%, and is calculated using the stock closing price of the first or last day of the quarter, whichever is lower.