0001023128-23-000042.txt : 20230223 0001023128-23-000042.hdr.sgml : 20230223 20230223170038 ACCESSION NUMBER: 0001023128-23-000042 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230222 FILED AS OF DATE: 20230223 DATE AS OF CHANGE: 20230223 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stork David CENTRAL INDEX KEY: 0001848389 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14733 FILM NUMBER: 23660691 MAIL ADDRESS: STREET 1: 150 N. BARTLETT STREET CITY: MEDFORD STATE: OR ZIP: 97501 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 4 1 wf-form4_167718960438526.xml FORM 4 X0306 4 2023-02-22 0 0001023128 LITHIA MOTORS INC LAD 0001848389 Stork David 150 N. BARTLETT ST MEDFORD OR 97501 0 1 0 0 Chief Administrative Officer Lithia Motors Inc Common Stock 2023-02-22 4 A 0 1239 0 A 3061 D Lithia Motors Inc Common Stock 2023-02-22 4 A 0 619 0 A 3680 D Restricted stock units were awarded and earned under performance and time-vesting restricted stock unit agreements entered into on 01-03-2022. Compensation Committee certification of the achievement of the performance condition for the award occurred on the transaction date. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the restricted stock units vest in installments on January 1st of each of the following years: 2024, 2025, 2026. Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the restricted stock units vest on January 1st of each of the following years: 2024, 2025, 2026. /s/ Kevin Cundick, Attorney-in-Fact 2023-02-23