SEC Form 4 · accession 0001127602-16-062048
GROUP 1 AUTOMOTIVE INC · GPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter C DeLongchamps
Officer — VP, Financial Svcs/Mfr Rel
Period of report
Sep 6, 2016
Accepted (ET)
Sep 7, 2016 · 12:43 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 StockF1,F2 | Sep 6, 2016 | S | 7,500 | $61.22 | D | 45,283 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.20 to $61.24, inclusive. The reporting person undertakes to provide to Group 1 Automotive, Inc., any security holder of Group 1 Automotive, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 of this Form 4.
- F2Includes 334.90 shares of common stock purchased in the Group 1 Automotive, Inc. Employee Stock Purchase Plan during the first quarter of 2016 at $49.89 per share. 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.