Jeff Dyke - Feb 9, 2022 Form 4 Insider Report for SONIC AUTOMOTIVE INC (SAH)

Role
President, Director
Signature
/s/ Jeff Dyke
Stock symbol
SAH
Transactions as of
Feb 9, 2022
Transactions value $
$0
Form type
4
Date filed
2/11/2022, 03:19 PM
Previous filing
Jan 4, 2022
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAH Class A Common Stock Award $0 +42.8K +5.32% $0.00 847K Feb 9, 2022 Direct F1
holding SAH Class A Common Stock 228K Feb 9, 2022 by Ash & Erin, LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock issuable upon conversion of restricted stock units granted by the Compensation Committee of Sonic Automotive, Inc. pursuant to the Sonic Automotive, Inc. 2012 Stock Incentive Plan. The restricted stock units may only be settled in shares of Class A Common Stock and are subject to forfeiture based on the satisfaction of performance criteria for fiscal year 2022. If the performance criteria are met, this award will vest in three annual installments, with twenty-five percent (25%) of the shares vesting on March 31, 2023, thirty percent (30%) of the shares vesting on February 9, 2024, and forty-five percent (45%) of the shares vesting on February 9, 2025.