Filing Details

Accession Number:
0001043509-24-000055
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-15 16:44:40
Reporting Period:
2024-05-15
Accepted Time:
2024-05-15 16:44:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1043509 Sonic Automotive Inc SAH Retail-Auto Dealers & Gasoline Stations (5500) 562010790
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1448501 Bruton David Smith C/O Sonic Automotive, Inc.
4401 Colwick Road
Charlotte NC 28211
Chairman And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-05-15 16,646 $16.76 599,700 No 4 M Direct
Class A Common Stock Disposition 2024-05-15 16,646 $59.36 583,054 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Options to purchase Disposition 2024-05-15 16,646 $0.00 16,646 $16.76
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-04-10 2030-04-10 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 836,534 Indirect by OBS Family, LLC
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $58.31 per share to $59.86 per share. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  2. The reporting person disclaims beneficial ownership of such shares of Sonic Automotive, Inc.'s Class A Common Stock, except to the extent of his pecuniary interest therein.
  3. The date indicated is the grant date, and the options vest in three equal annual installments on the anniversary of the grant date, subject to continued employment requirements and compliance with certain restrictive covenants.