SEC Form 4 · accession 0001209191-18-052806

SONIC AUTOMOTIVE INC · SAH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

10% Owner

Period of report

Sep 27, 2018

Accepted (ET)

Oct 1, 2018 · 4:41 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001043509

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Class B Common Stock^F2,F3,F1	—	Sep 27, 2018	S	76,110	D	—	—	Class A Common Stock	76,110	0	D
Class B Common Stock^F2,F3,F4,F1	—	Sep 27, 2018	S	900,765	D	—	—	Class A Common Stock	900,765	0	I
Class B Common Stock^F2,F3,F5,F1	—	Sep 27, 2018	P	976,875	A	—	—	Class A Common Stock	976,875	9,858,125	I

F1Shares of Sonic Automotive, Inc.'s Class B Common Stock are convertible into shares of Sonic Automotive, Inc.'s Class A Common Stock on a 1-for-1 basis at the option of the reporting person and there is no expiration date.
F2The reported securities were transferred in a private, non-market transaction and are held by Sonic Financial Corporation ("SFC"), a North Carolina corporation of which the reporting person is a shareholder.
F3Based solely on the average of the closing price of Sonic Automotive, Inc.'s Class A Common Stock for the 30-day trading period ended September 21, 2018, as reported by the New York Stock Exchange.
F4The reported securities were held by BWI Financial, LLC ("BWI"), a North Carolina limited liability company of which the reporting person is a member and the sole manager.
F5Represents the entire amount of Sonic Automotive, Inc.'s Class B Common Stock held by SFC. The reporting person disclaims beneficial ownership of Sonic Automotive, Inc.'s Class B Common Stock held by SFC, except to the extent of his pecuniary interest therein.