| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PAG | Common Stock | Tax liability | -$4.4M | -37.9K | -5.34% | $116.23 | 672K | Jun 1, 2022 | Direct | F1, F2 |
| transaction | PAG | Common Stock | Sale | -$5.65M | -49K | -7.3% | $115.37 | 623K | Jun 1, 2022 | Direct | F2, F3 |
| 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, 2022. |
| 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 $114.50 to $115.76. 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. |