Roger S. Penske - Feb 15, 2022 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
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 03:27 PM
Previous filing
Aug 17, 2021
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAG Common Stock (Restricted Shares) Award +86.5K +13.88% 710K Feb 15, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fifteen percent of the shares vest on June 1, 2023, fifteen percent of the shares vest on June 1, 2024, twenty percent of the shares vest on June 1, 2025 and fifty percent of the shares vest on June 1, 2026.
F2 Price is not relevant to this transaction.
F3 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 286,835 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.