SONIC AUTOMOTIVE INC — Director's Dealing 2023

Sep 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SONIC AUTOMOTIVE INC (SAH)
CIK: 0001043509
Period of Report: 2023-09-06

Reporting Person: Byrd Heath (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-09-06	Class A Common Stock	M	3800	$16.76	Acquired	172422	Direct
2023-09-06	Class A Common Stock	S	3800	$54.00	Disposed	168622	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-09-06	Options to purchase	$16.76	M	3800	Disposed	2030-04-10	Class A Common Stock (3800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	23651	Indirect

Footnotes

F1: Stock options exercised and corresponding shares sold pursuant to pre-established 10b5-1 Trading Plan entered into on February 17, 2023.

F2: The reporting person disclaims beneficial ownership of such shares of Sonic Automotive, Inc.'s Class A Common Stock, except to the extent of his pecuniary interest therein.

F3: The date indicated is the grant date, and the options vest in three equal installments on the anniversary of the grant date, subject to continued employment requirements and compliance with certain restrictive covenants.