FCA's CEO Reduces Interest in FCA to Meet Tax Liabilities
 |
LONDON -- March 10, 2015: Fiat Chrysler Automobiles N.V. announced today that the Company's Chief Executive Officer sold 1,435,745 shares of the Company's common stock. The transaction is intended to fund tax liabilities associated with recently vested equity incentives under the Company's equity incentive plans, as was his recent sale of shares in the capital of CNH Industrial N.V. The FCA shares were sold on the open market (MTA) at an average price of €14.122401.
Following the completion of the transaction the Chief Executive Officer owns 13,000,000 common shares in the Company.