Roger S. Penske - Jun 1, 2021 Form 4 Insider Report for PENSKE AUTOMOTIVE GROUP, INC. (PAG)

Role
Chair & CEO, Director, 10%+ Owner
Signature
/s/Shane M. Spradlin as attorney in fact
Stock symbol
PAG
Transactions as of
Jun 1, 2021
Transactions value $
-$4,830,172
Form type
4
Date filed
6/3/2021, 05:59 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAG Common Stock Tax liability -$3.08M -35.4K -5.03% $86.96 669K Jun 1, 2021 Direct F1, F2
transaction PAG Common Stock Sale -$1.05M -12.3K -1.84% $85.31 657K Jun 2, 2021 Direct F2, F3
transaction PAG Common Stock Sale -$700K -8.5K -1.29% $82.35 648K Jun 3, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock that vested on June 1, 2021.
F2 Mr. Penske also reports indirect beneficial ownership of 33,688,936 shares held by Penske Automotive Holdings Corp. (a subsidiary of Penske Corporation) and 492,185 shares held by Penske Corporation. Mr. Penske also reports indirect beneficial ownership of 286,833 shares held in a trust. Mr. Penske disclaims beneficial ownership of the securities held indirectly, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities.
F3 The transaction was executed in multiple trade prices ranging from $85.00 to $86.00. The price reported above reflects the weighted average sale 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 and prices at which the transaction was effected.