Xavier Urbain - May 7, 2024 Form 4 Insider Report for LKQ CORP (LKQ)

Role
Director
Signature
/s/ Matthew J. McKay, Attorney-in-fact
Stock symbol
LKQ
Transactions as of
May 7, 2024
Transactions value $
-$38,578
Form type
4
Date filed
5/9/2024, 06:01 PM
Previous filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LKQ Common Stock Award $0 +3.71K +29.06% $0.00 16.5K May 7, 2024 Direct F1
transaction LKQ Common Stock Sale -$38.6K -867 -5.26% $44.50 15.6K May 7, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction represents an award of restricted stock units.
F2 The sale reported on this Form 4 was effected pursuant to a 10b5-1 plan. The shares were sold to satisfy the tax withholding obligation upon vesting of restricted stock units.
F3 The price reflects the weighted average sale price of the transaction reported. The price range of such transactions was $44.25 to $44.83. 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.