------ FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION -------------------------- ------ Washington, D.C. 20549 OMB APPROVAL -------------------------- [_] Check this box if no longer STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287 subject to Section 16. Form -------------------------- 4 or Form 5 obligations may Expires: December 31, 2005 continue. See Instruction 1(b). Filed pursuant to Section 16(a) of the Securities Exchange Act -------------------------- of 1934, Section 17(a) of the Public Utility Holding Company Estimated average burden (Print or Type Responses) Act of 1935 or Section 30(f) of the Investment Company Act of 1940 hours per response.... 0.5 -------------------------- ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name and Tickler or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer Rachor, Jeffrey C. Sonic Automotive, Inc. (SAH) ------------------------------------------------------------------------------------------- (Check all applicable) (Last) (First) (Middle) 3. I.R.S. Identification 4. Statement for Number of Reporting Month/Year [X] Director c/o Sonic Automotive, Inc. Person, if an entity [X] Officer (give title below) [_] 10% Owner 5401 E. Independence Blvd. (voluntary) [_] Other (Specify below) 2/02 Executive VP of Retail Operations -------------------------------------------- ------------------------------------------------------------- (Street) 5. If Amendment, 7. Individual or Joint/Group Filing Date of Original (Check Applicable Line) Charlotte, NC 28212 (Month/Year) [X] Form filed by One Reporting Person [_] Form filed by More than One Reporting Person ------------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) Table I-- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Transaction Date 3.Transaction 4. Securities 5. Amount of 6. Ownership 7. Nature of (Instr. 3) Code Acquired (A) Securities Form: Indirect (Instr.8) or Disposed Beneficially Direct (D) or Beneficial of (D) (Instr. Owned at End Indirect (I) Ownership (Month/Day/Year) 3, 4 and 5) of Month (Instr. 4) ------------------------------- (Instr. 3 and (A) 4) or Code V Amount (D) Price (Instr. 4} ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/11/02 M 28,168 A $6.00 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/11/02 M 1,832 A $11.1875 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/12/02 M 14,835 A $11.1875 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/12/02 M 15,165 A $7.9375 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/12/02 M 5,600 A $7.9375 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/13/02 M 5,000 A $7.9375 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/14/02 M 7,400 A $7.9375 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/15/02 M 6,835 A $7.9375 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/11/02 S 30,000 D $23.61 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/12/02 S 30,000 D $23.33 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/12/02 S 5,600 D $23.32 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/13/02 S 5,000 D $24.25 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/14/02 S 7,400 D $24.75 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 02/15/02 S 6,835 D $23.96 42,302 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Table II-- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ------------------------------------------------------------------------------------------------------------------------------------ Title of 2. Conversion 3. Transaction 4. Transaction 5. Number of 6. Date Exerciseable 1. Derivative or Exercise Date Code Derivative and Expiration Date Security Price of (Month/Day/ (Instr. 8) Securities (Month/Day/Year) (Instr. 3) Derivative Year) Acquired (A) Security or Disposed (D) (Instr. 3, 4 and 5) ------------------------------------------------------------------------------- Date Expiration Code V (A) (D) Exercisable Date ------------------------------------------------------------------------------------------------------------------------------------ Options to Purchase $ 6.00 02/11/02 M 28,168 (1) 11/17/07 ------------------------------------------------------------------------------------------------------------------------------------ Options to Purchase $11.1875 02/11/02 M 1,832 04/28/01 04/28/10 ------------------------------------------------------------------------------------------------------------------------------------ Options to Purchase $11.1875 02/12/02 M 14,835 04/28/01 04/28/10 ------------------------------------------------------------------------------------------------------------------------------------ Options to Purchase $ 7.9375 02/12/02 M 15,165 04/05/01 10/05/10 ------------------------------------------------------------------------------------------------------------------------------------ Options to Purchase $ 7.9375 02/12/02 M 5,600 04/05/01 10/05/10 ------------------------------------------------------------------------------------------------------------------------------------ Options to Purchase $ 7.9375 02/13/02 M 5,000 04/05/01 10/05/10 ------------------------------------------------------------------------------------------------------------------------------------ Options to Purchase $ 7.9375 02/14/02 M 7,400 04/05/01 10/05/10 ------------------------------------------------------------------------------------------------------------------------------------ Options to Purchase $ 7.9375 02/15/02 M 6,835 04/05/01 10/05/10 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 7. Title and 8. Price of 9. Number of 10. Ownership Form 11. Nature of Amount of Derivative Derivative of Derivative Indirect Underlying Security Securities Securities Beneficial Securities (Instr. 5) Beneficially Beneficially Ownership (Instr. 3 and 4) Owned at End of Owned at End of (Instr. 4) Month (Instr. 4) Month (Instr. 4) --------------------------------- Amount or Number of Title Shares ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 28,168 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 1,832 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 14,835 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 15,165 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 5,600 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 5,000 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 7,400 D ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 6,835 193,333 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Explanation of Responses: (1) Of the total options to purchase 28,168 shares shown, options to purchase 14,083 shares became exercisable on 11/17/00, options to purchase 14,084 shares became exercisable on 11/17/99, and options to purchase 1 share became exercisable on 11/17/98.