SEC Form 4 · accession 0001214659-17-007416
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
Dec 13, 2017
Accepted (ET)
Dec 21, 2017 · 8:15 pm EST
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 | Dec 13, 2017 | M | 5,000 | $10.73 | A | 61,860 | D | |
| Common Stock | Dec 13, 2017 | M | 2,500 | $9.9825 | A | 64,360 | D | |
| Common StockF1 | Dec 13, 2017 | S | 7,500 | $40.0711 | D | 56,860 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) (06/02/2008 grant)F2 | $10.73 | Dec 13, 2017 | M | 5,000 | D | — | Jun 2, 2018 | Common Stock | 5,000 | 0 | D |
| Employee Stock Option (right to buy)(01/08/2010 grant)F2 | $9.9825 | Dec 13, 2017 | M | 2,500 | D | — | Jan 8, 2020 | Common Stock | 2,500 | 7,500 | D |
Explanation of responses
- F1The price reflects the weighted average sale price of the transactions reported. The price range of such transactions was $40.068 to $40.084. 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.