Sidney B. Deboer - 01 Nov 2021 Form 4 Insider Report for LITHIA MOTORS INC (LAD)

Role
Director
Signature
By: Kevin Cundick; Attorney-in-Fact
Issuer symbol
LAD
Transactions as of
01 Nov 2021
Net transactions value
-$10,534
Form type
4
Filing time
02 Nov 2021, 17:36:39 UTC
Previous filing
02 Aug 2021
Next filing
17 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAD Common Stock Tax liability $10,534 -33 -0.06% $319.22 55,314 01 Nov 2021 Direct F1
holding LAD Common Stock 998 01 Nov 2021 by Spouse
holding LAD Common Stock 112,431 01 Nov 2021 by Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction.
F2 The reporting person is the settlor of the Sidney B. DeBoer Trust, and the Sidney B. DeBoer Trust is revocable by the reporting person at any time at the reporting person's option. The Sidney B. DeBoer Trust is a member and sole manager of DeBoer Family LLC which is the direct owner of the securities shown in row 5 of column 5 of Table I.