SEC Form 4 · accession 0000898173-17-000127
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
May 19, 2017
Accepted (ET)
May 23, 2017 · 4:32 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 | May 19, 2017 | M | 25,000 | $28.70 | A | 145,568 | D | |
| Common StockF1 | May 19, 2017 | S | 25,000 | $250.5604 | D | 120,568 | D | |
| Common StockF2 | holding | — | — | — | 861,198 | 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 | $28.70 | May 19, 2017 | M | 25,000 | D | Feb 14, 2009 | Feb 14, 2018 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Total includes 2,720 unvested restricted share awards and 117,848 shares held directly by Mr. O'Reilly.
- F2Total includes 583,503 shares held as trustee for reporting person's children, 270,069 shares held as trustee of a Grantor Retained Annuity Trust (GRAT) and 7,626 shares held in the Company's 401k Plan.
- F3The options vest in four equal annual installments beginning on this date.