Form 4 for OPLN OPENLANE, Inc.
Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-28 · accession 0001395942-23-000017 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-01 | 2023-02-28 | OPLN | Anderson Scott A | CAO, Interim CFO | F - Tax | $14.29 | -527 | 20.9K | -2% | -$7,531 |
| D | 2023-03-01 | 2023-02-28 | OPLN | Anderson Scott A | CAO, Interim CFO | M - OptEx | $0.00 | +2,015 | 21.4K | +10% | $0 |
| D | 2023-03-01 | 2023-02-28 | OPLN | Anderson Scott A | CAO, Interim CFO | M - OptEx | $0.00 | -2,015 | 4,103 | -33% | $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 | 2023-02-28 | F | D | 527 | $14.29 | 20,903.97 | D | — | — | |
| 2 | Common | Common Stock | 2023-02-28 | M | A | 2,015 | $0.00 | 21,430.97 | 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 | 2023-02-28 | M | D | 2,015 | $0.00 | 4,103 | D | — · — to — | 2,015 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 vested on February 28, 2023, one-third of these restricted stock units vest on February 28, 2024 and the remaining one-third of these restricted stock units vest on February 28, 2025, assuming continued employment through the applicable vesting date. |