0001023128-16-000088.txt : 20160224
0001023128-16-000088.hdr.sgml : 20160224
20160224161947
ACCESSION NUMBER: 0001023128-16-000088
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160222
FILED AS OF DATE: 20160224
DATE AS OF CHANGE: 20160224
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LITHIA MOTORS INC
CENTRAL INDEX KEY: 0001023128
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
IRS NUMBER: 930572810
STATE OF INCORPORATION: OR
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 150 NORTH BARTLETT STREET
CITY: MEDFORD
STATE: OR
ZIP: 97501
BUSINESS PHONE: 541-776-6401
MAIL ADDRESS:
STREET 1: 150 NORTH BARTLETT STREET
CITY: MEDFORD
STATE: OR
ZIP: 97501
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Holzshu Chris
CENTRAL INDEX KEY: 0001504710
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14733
FILM NUMBER: 161452223
MAIL ADDRESS:
STREET 1: 150 N. BARTLETT STREET
CITY: MEDFORD
STATE: OR
ZIP: 97501
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2016-02-22
0
0001023128
LITHIA MOTORS INC
LAD
0001504710
Holzshu Chris
150 N. BARTLETT
MEDFORD
OR
97501
0
1
0
0
Sr. Vice President & CFO
Class A Common Stock
2016-02-22
4
A
0
6977.0
0.0
A
37892
D
Class A Common Stock
2016-02-22
4
A
0
6635.0
0.0
A
44527
D
Class A Common Stock
2016-02-22
4
A
0
4187.0
0.0
A
48714
D
Class A Common Stock
2016-02-22
4
F
0
5791.0
87.04
D
2653
D
Class A Common Stock
2653
I
By 401(k)
Restricted stock units were awarded and earned under a performance and time-vesting restricted stock unit agreement entered into in 2015. Compensation Committee certification of the achievement of the performance condition for the award occurred on the transaction date. 1,745 shares of Class A Common Stock were issued in settlement of an equal number of restricted stock units. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the remaining restricted stock units vest in equal installments on January 1 of each of 2017, 2018 and 2019.
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
Shares of Class A Common Stock were issued in settlement of restricted stock units that were earned and vested under a long-term restricted stock unit agreement entered into in 2013. Compensation Committee certification of the achievement of the performance criteria for the award occurred on the transaction date.
Shares of Class A Common Stock were issued in settlement of restricted stock units that were earned and vested under a long-term restricted stock unit agreement entered into in 2015. Compensation Committee certification of the achievement of the performance condition of the award occurred on the transaction date.
Shares were withheld by the issuer to cover withholding taxes upon vesting of restricted stock units.
By: Larissa McAlister, Attorney-in-Fact
2016-02-24