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SONIC AUTOMOTIVE INC Director's Dealing 2012

Mar 9, 2012

31493_dirs_2012-03-09_cbfb285d-e66e-4618-933f-d220b9c8296c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SONIC AUTOMOTIVE INC (SAH)
CIK: 0001043509
Period of Report: 2012-03-09

Reporting Person: SMITH BRYAN SCOTT (Director, President and CSO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-03-09 Class A Common Stock M 105555 $1.81 Acquired 309744 Direct
2012-03-09 Class A Common Stock S 105555 $18.1194 Disposed 204189 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-03-09 Options to purchase $1.81 M 105555 Disposed 2019-03-30 Class A Common Stock (105555) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 69686 Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $18.00 per share to $18.32 per share. The price reported reflects the weighted average sales 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 sold at each separate price within the range set forth in this footnote.

F2: Mr. Smith disclaims beneficial ownership of the shares held by SMDA Development I, LLC except to the extent of his pecuniary interest, if any, therein.

F3: Options vest in three equal annual installments beginning on March 30, 2010.