Form 4 for OPLN OPENLANE, Inc.

Accepted 2022-03-08 00:00:00 ET · period of report 2022-03-04 · accession 0001395942-22-000022 · 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
D	2022-03-08	2022-03-04	OPLN	Anderson Scott A	CAO	M - OptEx	$0.00	+1,814	17.5K	+12%	$0
D	2022-03-08	2022-03-04	OPLN	Anderson Scott A	CAO	F - Tax	$17.89	-476	17.0K	-3%	-$8,516
D	2022-03-08	2022-03-04	OPLN	Anderson Scott A	CAO	M - OptEx	$0.00	-1,814	3,700	-33%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-03-04	M	A	1,814	$0.00	17,483.01	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 4, 2022. (F2) Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
2	Common	Common Stock	2022-03-04	F	D	476	$17.89	17,007.01	D	—	—
3	Derivative	Restricted Stock Units	2022-03-04	M	D	1,814	$0.00	3,700	D	— · — to —	1,814 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 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 March 4, 2022, one-third of these restricted stock units vest on March 4, 2023 and the remaining one-third of these restricted stock units vest on March 4, 2024, assuming continued employment through the applicable vesting date.