Form 4 for OPLN OPENLANE, Inc.
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001395942-22-000021 · 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 | 2022-03-03 | 2022-03-01 | OPLN | Hammer John C | CCO of KAR, Pres of ADESA | M - OptEx | $0.00 | +2,154 | 40.2K | +6% | $0 |
| DM | 2022-03-03 | 2022-03-01 | OPLN | Hammer John C | CCO of KAR, Pres of ADESA | F - Tax | $18.08 | -556 | 39.7K | -1% | -$10.1K |
| DM | 2022-03-03 | 2022-03-01 | OPLN | Hammer John C | CCO of KAR, Pres of ADESA | M - OptEx | $0.00 | -2,154 | 0 | -100% | $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 | 2022-03-01 | M | A | 284 | $0.00 | 39,984.33 | 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 March 1, 2022. |
| 2 | Common | Common Stock | 2022-03-01 | F | D | 74 | $18.08 | 39,910.33 | D | — | — | |
| 3 | Common | Common Stock | 2022-03-01 | F | D | 482 | $18.08 | 39,700.33 | D | — | — | |
| 4 | Common | Common Stock | 2022-03-01 | M | A | 1,870 | $0.00 | 40,182.33 | 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 March 1, 2022. (F2) Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan. |
| 5 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 1,870 | $0.00 | 0 | D | — · — to — | 1,870 Common Stock | (F4) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F5) These restricted stock units were 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 vested and settled in common stock on March 1, 2022. |
| 6 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 284 | $0.00 | 0 | D | — · — to — | 284 Common Stock | (F4) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F6) These restricted stock were remain subject to a time-vesting requirement and vested and settled in common stock as follows: one-third of these restricted stock units vested on March 1, 2020, one-third of these restricted stock units vested on March 1, 2021 and the remaining one-third of these restricted stock units vested on March 1, 2022. |