Form 4 for OPLN OPENLANE, Inc.
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-21 · accession 0001395942-22-000017 · 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 | Hammer John C | CCO of KAR, Pres of ADESA | F - Tax | $13.85 | -4,431 | 28.4K | -14% | -$61.4K |
| DM | 2022-02-23 | 2022-02-21 | OPLN | Hammer John C | CCO of KAR, Pres of ADESA | M - OptEx | $0.00 | +18.2K | 27.6K | +193% | $0 |
| D | 2022-02-23 | 2022-02-21 | OPLN | Hammer John C | CCO of KAR, Pres of ADESA | A - Grant | $0.00 | -13.1K | 1,868 | -88% | $0 |
| DM | 2022-02-23 | 2022-02-21 | OPLN | Hammer John C | CCO of KAR, Pres of ADESA | M - OptEx | $0.00 | -5,064 | 3,072 | -62% | $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 | 748 | $13.97 | 26,878.33 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-21 | F | D | 3,197 | $13.83 | 38,312.33 | D | — | — | |
| 3 | Common | Common Stock | 2022-02-21 | M | A | 1,993 | $0.00 | 28,871.33 | 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. |
| 4 | Common | Common Stock | 2022-02-21 | F | D | 486 | $13.83 | 28,385.33 | D | — | — | |
| 5 | Common | Common Stock | 2022-02-21 | M | A | 13,124 | $0.00 | 41,509.33 | 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. |
| 6 | Common | Common Stock | 2022-02-21 | M | A | 3,071 | $0.00 | 27,626.33 | 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. |
| 7 | Derivative | Restricted Stock Units | 2022-02-21 | A | D | 13,124 | $0.00 | 1,867.89 | D | — · — to — | 13,124 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 remain subject to a time-vesting requirement and 13,124 restricted stock units vested and settled in common stock on February 22, 2022 and the remaining restricted stock units are scheduled to vest and settle in common stock on March 1, 2022, assuming continued employment through the applicable vesting dates. |
| 8 | Derivative | Restricted Stock Units | 2022-02-21 | M | D | 1,993 | $0.00 | 0 | D | — · — to — | 1,993 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. |
| 9 | Derivative | Restricted Stock Units | 2022-02-21 | M | D | 3,071 | $0.00 | 3,072 | D | — · — to — | 3,071 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: one-third of these restricted stock units vested on February 21, 2021, one-third of these restricted stock units vested on February 21, 2022 and the remaining one-third of these restricted stock units vest on February 21, 2023, assuming continued employment through the applicable vesting date. |