SEC Form 4 · accession 0001127602-17-035458
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
Dec 22, 2017
Accepted (ET)
Dec 22, 2017 · 5:41 pm EST
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 | Dec 22, 2017 | S | 8,796 | $74.304 | D | 165,010 | D | |
| Common StockF2,F3 | Dec 22, 2017 | S | 1,844 | $75.0642 | D | 163,166 | D | |
| Common Stock | holding | — | — | — | 7,500 | I | BH 2016 Irrevocable Trust | |
| Common Stock | holding | — | — | — | 14,600 | I | Susan Hesterberg, Trustee of Irrevocable Trust B | |
| Common Stock | holding | — | — | — | 14,600 | I | Susan Hesterberg, Trustee of Irrevocable Trust J | |
| Common Stock | holding | — | — | — | 14,600 | I | Susan Hesterberg, Trustee of Irrevocable Trust M | |
| Common Stock | holding | — | — | — | 215,942 | I | Hesterberg Management Trust | |
| Common Stock | holding | — | — | — | 7,500 | I | MH 2016 Irrevocable Trust |
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 $73.90 to $74.80, 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 to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.01 to $75.50, 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 2 to this Form 4.
- F3Includes 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.