Form 4 for OPLN OPENLANE, Inc.
Accepted 2022-12-13 00:00:00 ET · period of report 2022-12-09 · accession 0001395942-22-000071 · 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 | 2022-12-13 | 2022-12-09 | OPLN | Loughmiller Eric M. | EVP, CFO | F - Tax | $13.37 | -2,886 | 278.2K | -1% | -$38.6K |
| D | 2022-12-13 | 2022-12-09 | OPLN | Loughmiller Eric M. | EVP, CFO | M - OptEx | $0.00 | +2,886 | 281.0K | +1% | $0 |
| D | 2022-12-13 | 2022-12-09 | OPLN | Loughmiller Eric M. | EVP, CFO | A - Grant | $0.00 | +100.0K | 100.0K | New | $0 |
| D | 2022-12-13 | 2022-12-09 | OPLN | Loughmiller Eric M. | EVP, CFO | M - OptEx | $0.00 | -2,886 | 97.1K | -3% | $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 | 2022-12-09 | F | D | 2,886 | $13.37 | 278,155.64 | D | — | — | |
| 2 | Common | Common Stock | 2022-12-09 | M | A | 2,886 | $0.00 | 281,041.64 | D | — | — | (F1) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F2) Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan. |
| 3 | Derivative | Restricted Stock Units | 2022-12-09 | A | A | 100,000 | $0.00 | 100,000 | D | — · — to — | 100,000 Common Stock | (F1) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F4) 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 vest on May 9, 2023, one-third of these restricted stock units vest on May 9, 2024 and the remaining one-third of these restricted stock units vest on May 9, 2025, subject to certain continued employment conditions. |
| 4 | Derivative | Restricted Stock Units | 2022-12-09 | M | D | 2,886 | $0.00 | 97,114 | D | — · — to — | 2,886 Common Stock | (F1) 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: 32,371 of these restricted stock units vest on May 9, 2023, 32,371 of these restricted stock units vest on May 9, 2024 and the remaining 32,372 of these restricted stock units vest on May 9, 2025, subject to certain continued employment conditions. |