Form 4 for OPLN OPENLANE, Inc.
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-21 · accession 0001395942-22-000011 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-23 | 2022-02-21+ | OPLN | Loughmiller Eric M. | EVP, CFO | F - Tax | $13.86 | -6,026 | 264.7K | -2% | -$83.5K |
| DM | 2022-02-23 | 2022-02-21+ | OPLN | Loughmiller Eric M. | EVP, CFO | M - OptEx | $0.00 | +23.4K | 280.7K | +9% | $0 |
| DM | 2022-02-23 | 2022-02-21 | OPLN | Loughmiller Eric M. | EVP, CFO | M - OptEx | $0.00 | -23.4K | 5,008 | -82% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-21 | F | D | 1,330 | $13.97 | 262,894.72 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-21 | M | A | 4,978 | $0.00 | 264,224.72 | D | — | — | (F1) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on February 21, 2022. (F2) Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan. |
| 3 | Common | Common Stock | 2022-02-22 | F | D | 4,143 | $13.83 | 276,590.21 | D | — | — | |
| 4 | Common | Common Stock | 2022-02-22 | M | A | 2,353 | $0.00 | 265,247.72 | D | — | — | (F4) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on February 22, 2022. |
| 5 | Common | Common Stock | 2022-02-22 | F | D | 553 | $13.83 | 264,694.72 | D | — | — | |
| 6 | Common | Common Stock | 2022-02-22 | M | A | 16,038.49 | $0.00 | 280,733.21 | D | — | — | (F4) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on February 22, 2022. |
| 7 | Derivative | Restricted Stock Units | 2022-02-21 | M | D | 2,353 | $0.00 | 0 | D | — · — to — | 2,353 Common Stock | (F5) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F6) These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on February 22, 2020, one-third of these restricted stock units vested on February 22, 2021 and the remaining one-third of these restricted stock units vested on February 22, 2022. |
| 8 | Derivative | Restricted Stock Units | 2022-02-21 | M | D | 16,038.49 | $0.00 | 0 | D | — · — to — | 16,038.49 Common Stock | (F5) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F8) These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock on February 22, 2022. |
| 9 | Derivative | Restricted Stock Units | 2022-02-21 | M | D | 4,978 | $0.00 | 5,008 | D | — · — to — | 4,978 Common Stock | (F5) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F7) These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: 4,979 of these restricted stock units vested on February 21, 2021, 4,978 of these restricted stock units vested on February 21, 2022 and the remaining 5,150 of these restricted stock units vest on February 21, 2023, assuming continued employment through the applicable vesting date. |