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SONIC AUTOMOTIVE INC — Director's Dealing 2021
Feb 12, 2021
31493_dirs_2021-02-12_2285a04f-8c94-40e3-86ce-b4dc09b03f82.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: 2021-02-10
Reporting Person: DYKE JEFF (Director, President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-10 | Class A Common Stock | A | 39142 | $0.00 | Acquired | 826767 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 277528 | Indirect |
Footnotes
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 2021. 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, 2022, thirty percent (30%) of the shares vesting on February 10, 2023, and forty-five percent (45%) of the shares vesting on February 10, 2024.