SEC Form 4 · accession 0001214659-17-003588
LKQ CORP · LKQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S. Clark
Officer — VP of Finance and Controller
Period of report
May 22, 2017
Accepted (ET)
May 24, 2017 · 1:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001065696
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 22, 2017 | M | 5,000 | $10.73 | A | 62,885 | D | |
| Common StockF1 | May 22, 2017 | S | 5,000 | $31.4227 | D | 57,885 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) (06/02/2008 grant)F2 | $10.73 | May 22, 2017 | M | 5,000 | D | — | Jun 2, 2018 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The price reflects the weighted average sale price of the transaction reported. The price range of such transactions was $31.4201 to $31.435. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- F2The option is exercisable with respect to 10% of the number of shares subject to the option on each six month anniversary of the grant date.