SEC Form 4 · accession 0000898173-16-000363
O REILLY AUTOMOTIVE INC · ORLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Oreilly
Officer — CHAIRMAN OF THE BOARD · Director
Period of report
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000898173
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 5, 2016 | M | 35,000 | $34.71 | A | 237,409 | D | |
| Common StockF1 | Aug 5, 2016 | S | 35,000 | $290.1742 | D | 202,409 | D | |
| Common StockF2 | Aug 5, 2016 | S | 105,000 | $290.3068 | D | 778,591 | I | Indirectly as trustee for reporting person's children and of a GRAT, and in the Company's 401k plan. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified employee stock options (right to buy)F3 | $34.71 | Aug 5, 2016 | M | 35,000 | D | Feb 15, 2008 | Feb 15, 2017 | Common Stock | 35,000 | 0 | D |
Explanation of responses
- F1Total includes 3,075 unvested restricted share awards and 199,334 shares held directly by Mr. O'Reilly.
- F2Total includes 761,184 shares held as trustee for reporting person's children, 9,796 shares held as trustee of a Grantor Retained Annuity Trust (GRAT) and 7,611 shares held in the Company's 401k Plan.
- F3The options vest in four equal annual installments beginning on this date.