SEC Form 4 · accession 0001181431-15-004905
SONIC AUTOMOTIVE INC · SAH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
O Bruton Smith
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Mar 18, 2015
Accepted (ET)
Mar 20, 2015 · 3:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001043509
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Mar 18, 2015 | M | 100,000 | $19.23 | A | 428,511 | D | |
| Class A Common StockF1 | Mar 18, 2015 | F | 88,368 | $24.73 | D | 340,143 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase | $19.23 | Mar 18, 2015 | M | 100,000 | D | Apr 21, 2008 | Apr 21, 2015 | Class A Common Stock | 100,000 | 0 | D |
Explanation of responses
- F1Represents shares delivered by the reporting person to Sonic Automotive, Inc. to satisfy withholding tax obligations and the exercise price of the option.