Filing Details
- Accession Number:
- 0001262862-14-000010
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-01-14 18:53:25
- Reporting Period:
- 2014-01-10
- Filing Date:
- 2014-01-14
- Accepted Time:
- 2014-01-14 18:53:25
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1065696 | Lkq Corp | LKQ | Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies (5010) | 364215970 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1262862 | M Victor Casini | C/O Lkq Corporation 500 West Madison Street, Suite 2800 Chicago IL 60661 | Senior Vp And General Counsel | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2014-01-10 | 32,300 | $0.00 | 204,700 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2014-01-14 | 120,000 | $2.25 | 324,700 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-01-14 | 58,613 | $32.41 | 266,087 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy)(01/09/2004 grant date) | Disposition | 2014-01-14 | 120,000 | $0.00 | 120,000 | $2.25 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2014-01-09 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 115,247 | Indirect | By Trust |
Footnotes
- The transaction represents an award of restricted stock units that are subject to two vesting conditions, each of which must be satisfied: (a) time-based vesting equal to 16.67% of the number of restricted stock units subject to the award on July 14, 2014 and on each six-month anniversary of July 14, 2014; and (b) a performance-based condition of positive fully-diluted earnings per share of the Company (subject to adjustment for certain extraordinary items) for any of the first five fiscal years ending after the grant date. If and when the performance-based condition is met, all restricted stock units that had previously met the time-based vesting condition will vest immediately and the remaining restricted stock units will vest according to the remaining schedule of the time-based condition. If the performance-based condition is not met, all restricted stock units will be forfeited.
- The sale reported on this Form 4 was affected pursuant to a 10b5-1 plan. The shares were sold to satisfy the exercise price and tax obligation upon the vesting of stock options.
- The price reflects the weighted average sale price of the transactions reported. The price range of such transactions was $32.36 to $32.50. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- The transaction represents an award of restricted stock units that vest with respect to 10% of the number of shares subject to the award on each six-month anniversary of the grant date.
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